Middle East Israel unfreezes Palestinian tax revenues under US pressure to ease tensions

Israel withheld the tax transfers it collects for the cash-strapped government of Palestinian President Mahmoud Abbas after he applied to join the International Criminal Court – a move potentially paving the way for a war crimes investigation of Israel.

Dan Balilty/AP

Israel said Friday that it will transfer Palestinian tax revenues it has been withholding as punishment for the Palestinians' application to join the International Criminal Court.