Israel-Palestine Feature: Why a UNESCO Vote Is Key To Palestinian Statehood
UPDATE 1745 GMT: State Department spokeswoman Victoria Nuland has told journalists, "We were to have made a $60 million payment to UNESCO in November and we will not be making that payment."
UPDATE 1245 GMT: The New York Times has produced an overview --- a slanted overview, in my opinion, sniping at UNESCO while putting the unsupported assertion that "the Obama administration and Unesco had tried to avert the approval" of Palestine's bid. This paragraph, however, is notable:
Legislation dating back more than 15 years mandates a complete cutoff of American financing to any United Nations agency that accepts the Palestinians as a full member. Unesco — the United Nations Educational, Scientific and Cultural Organization — depends on the United States for 22 percent of its budget, about $70 million a year.
Lara Friedman has more on the US legislation mandating withdrawal of funding.
UPDATE 1230 GMT: Palestine has been accepted by UNESCO by a vote of 107-14, with the US objecting. There were 52 abstentions.