"What happens if talks fail?”

Politico/ here

" ... The American focus, for the present, is Netanyahu. Officials on both sides familiar with the talks said that the American and Israeli sides appear close to compromise on two crucial issues: The U.S. may agree to let Israel complete the construction of buildings that are already under way in the disputed territories; and Israel — which has refused to include disputed Jerusalem neighborhoods in the settlement talks — appears willing to forswear evictions and demolitions in the Palestinian parts of Jerusalem..... 

One outstanding issue, another person familiar with the talks said: What happens if talks fail. Israel would like a formal acknowledgement that it can resume building if, after six or nine months, talks have fallen apart. The U.S. side says it won’t offer formal sanction to settlements that it has always opposed...

But while the Americans expressed optimism at the prospect of a dramatic first step, the administration’s accomplishment would simply be to reopen talks — not necessarily to close the wide gap that remains between the two sides, and officials on both sides stressed the distance yet to be traveled. Core questions like the status of Jerusalem, the location of borders, Israel’s security, and the place of Palestinian refugees remain unaddressed. ..... Analysts say a handshake between Netanyahu and Obama on settlement talks would be an important step — but only the first one...."