Abbas Returns, Hailed as Hero
Palestinians elated over UN's recognition; Israel seethes
By Polly Davis Doig, Newser Staff
Posted Dec 2, 2012 9:30 AM CST
Palestinians wave flags and pictures of Mahmoud Abbas as they celebrate their successful bid to win UN statehood recognition in Ramallah, Sunday, Dec. 2, 2012.   (AP Photo/Majdi Mohammed)

(Newser) – Mahmoud Abbas returned home today to something of a rock star's welcome: Cheering crowds chanting his name and waving Palestinian flags greeted the president, who is fresh off his successful bid to have the United Nations recognize Palestine, reports al-Jazeera. "Yes, now we have a state," Abbas told crowds assembled in the West Bank. "The world has said loudly, `Yes, to the state of Palestine.'"

It's not all roses for Abbas, however: Israel announced plans for 3,000 new settlement homes mere hours after the UN vote. And the AP notes that it's following through on its threat to withhold some $100 million of revenue it collects each month on behalf of the Palestinian Authority, which Israel says owes $200 million to the Israel Electric Corporation.

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