Losing Time and Money, Desperate Abbas Seeks Palestinian Vote

(Bloomberg) -- Time is running out for 83-year-old Mahmoud Abbas. Foreign aid to the Palestinians has sunk nearly 80% over the past 10 years, the political outlook is bleak after a half-century of Israeli occupation and his people’s campaign for statehood risks sinking into irrelevance.To salvage his legacy, the Palestinian Authority president has called -- again -- for the first national elections since 2006, when an Islamist win triggered a split that has set back the Palestinian nationa