Abbas has sent envoys to both Russian Federation and China to try to secure their engagement in the peace process, but Israel knows no government is as well disposed to it as the United States and is unlikely to accept any other mediator.
US President Donald Trump had earlier in the month formally recognised Jerusalem as the capital of Israel as well as making plans to move the US embassy from Tel Aviv to the Holy City.
The vote, which essentially delivered a formal statement of a United Nations opinion, also adds political pressure on the White House to retreat from its decision. "The power of justice will trump your bullying". While each nation has an equal vote in the General Assembly, some nations - the great powers - have veto powers over collective action. The General Assembly voting process is actually an important balancing of the equation, giving the United Nations a more democratic flavour.
As is the case with so much involving Trump, his stance is more about playing to his American fan base than being related to the real world.
Yet, Trump's fans are yet to appreciate the damage done by the move.
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It's unclear what actions, if any, the SEC would take for Long Blockchain, however. The result? A 500 percent stock price increase in pre-market trading yesterday.
Recognising Jerusalem as Israel's capital puts the USA out of step with the rest of the world, and legitimises Israeli settlement-building in the east - considered illegal under worldwide law. This is a ticking time bomb.
"From Iran's perspective (and that of the Arab countries), there could be no happier outcome, despite the vote's declarative and non-binding nature".
The 128-9 vote was a victory for Palestinians, but fell short of the total they had predicted.
"No vote in the United Nations will make any difference", said USA ambassador Nikki Haley. Let them vote against us. "Our message, of yesterday's conference, was to say that we will never be divided, and we are one land, one people, Christians and Muslims".