Historic raising of Palestinian flag at United Nations

New York (CNN)It's a watershed moment that has won support on many fronts, but drawn condemnation from Israel and the United States.

The Palestinian flag was raised outside the headquarters of the United Nations in New York for the first time Wednesday. Under cloudy skies, the politically sensitive flag raising ceremony took place at 1:16 p.m. at the U.N.'s Rose Garden.

The historic moment came after Palestinian leader Mahmoud Abbas told the U.N. General Assembly that the Palestinian Authority was no longer bound by the Oslo Peace Accords.

At the ceremony, U.N. Secretary-General Ban Ki-moon called the occasion a "day of pride for the Palestinian people around the world" and a "day of hope."

"Now is the time to restore confidence by both Israelis and Palestinians for a peaceful settlement and, at last, the realization of two states for two peoples," he said.

Read more: http://www.cnn.com/2015/09/30/world/united-nations-palestinian-flag/index.html