Israel and the Israeli public as deemed by who they vote for) view their interests in terms of maintaining control over the Old City of Jerusalem and expanding their territory. Abbas is only helping Israel's interests by walking out of the peace talks. More time to take more land and solidify control over "East" Jerusalem. Abbas is the only loser here.
Magnitude 6.1 quake hits Panama-Colombia border (Reuters)
from the article: Abbas urges U.S. to step into settlement dispute