Abbas says he won't run for re-election

The Palestinian president says he won't run for re-election. This is the first time Mahmoud Abbas has said explicitly he won't seek another term.
In a speech yesterday to political allies, Abbas also said he is willing to travel to the Gaza Strip to promote reconciliation between the feuding Palestinian territories and form a united government.
Abbas' plan includes new elections within six months. But he says he wouldn't run for president again.