JERUSALEM, Oct. 6 (Xinhua) -- The direct Palestinian-Israeli peace talks will remain at a standstill until Friday's meeting of the Arab League (AL) in Libya.

The organization is due to decide whether or not to back Palestinian President Mahmoud Abbas' position not to continue with the negotiations until Israel extends its moratorium on construction in Jewish settlements in the West Bank, a 10-month freeze that expired on Sept. 26.

Analysts have eyed the possible scenario if the current round of talks fail, as Egyptian President Hosni Mubarak has warned that the end of the talks could lead to a rise of violence in the region and in the world.

REGIONAL VIOLENCE?

The Egyptian president said he had warned other leaders, including Israeli Prime Minister Benjamin Netanyahu, of the possible consequence of the talks' failure.

"If the peace process collapses, violence and terrorism will erupt in the Middle East and all over the world," Mubarak said in an interview with a journal of the Egyptian armed forces, according to Israeli daily Ha'aretz.

The comment was echoed by former U.S. President Bill Clinton, who noted that the solving of the Israeli-Palestinian conflict could reduce the motivation for terrorism around the world.

"It will take about half the impetus in the whole world, not just the region, the whole world, for terror away," he told Egyptian businessmen while on a visit to Cairo.

Israeli analysts, however, are cautious about the aftermath of a failure in the negotiations, though some admit that other options besides talks for the regional peace process could be more problematic.

"For a while there will not be any change," said Ahmed Saadi from the Department of Political Science at Ben-Gurion University of the Negev in Beersheba, doubting that a failure of the talks would lead to an immediate surge in violence.

"The Americans are trying to revive the negotiations and you have to remember that there have not been any negotiations for some time and there has not been any violence," Saadi added.

"People in the region are frustrated with the U.S. because of the wars in Afghanistan and Iraq. There are no happy Arabs in the region. They had hoped that President Obama would bring some change but so far that has not happened," he told Xinhua.

Some analysts consider Mubarak's comments as a way to urge the international community to push forward the peace process between the two Middle East players.

"He wants to put pressure on both parties and on the international community," said Sergio Catignani, a lecturer in Strategic and Security Studies at the University of Sussex in Britain.