GLOBAL ECONOMY

Netanyahu vows new settlement ahead of meeting with US envoy

Israeli Prime Minister Benjamin Netanyahu is vowing to keep his promise to build Israel's first new West Bank settlement in two decades — even as Netanyahu and President Trump's envoy continue discussions on future settlement building.

Netanyahu will meet with Trump envoy Jason Greenblatt on Thursday as part of efforts to reach an "agreed-upon policy" on settlement construction in West Bank land that the Palestinians claim for their future state. Trump has asked Israel to "hold off" on settlement building.

Netanyahu said reaching an understanding with the U.S. on settlements was "good for Israel." But he said he would honor a promise he made last month to build a new settlement to replace a settlement outpost Israel dismantled because Israel's Supreme Court determined it was built on private Palestinian land.