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A sign points the way to the new US embassy in Jerusalem. Photo: Sergey Orlov\TASS via Getty Images

Hungary, the Czech Republic and Romania, in coordination with Israel, today blocked a joint EU statement criticizing the relocation of the U.S. embassy to Jerusalem, Israeli officials and European diplomats told me.

Behind the scenes: The initiative to publish the statement was led by France and several other EU member states. Israeli officials say the goal was to present to the U.S. a common position against the move by all 28 member states, and to embarrass and isolate the Trump administration ahead of Monday's ceremony.

According to European diplomats and Israeli officials, the draft statement circulated in European capitals had three points:

  1. Jerusalem should be the capital of both states — Israel and the future state of Palestine.
  2. The final status of Jerusalem should be negotiated and only determined through negotiations between the parties.
  3. The member states of the EU will not follow the U.S. and will not move their embassies to Jerusalem.

According to European diplomats and Israeli officials the French and other member states wanted to publish the statement today as a statement by the EU foreign policy chief Federica Mogherini supported by all 28 EU members.

  • But earlier today, Hungary, the Czech Republic and Romania announced they object to the statement and made it impossible to reach the consensus needed to publish it.
  • A senior European diplomat told me with a lot of frustration: "The Hungarians didn’t want to poke Trump in the eye and the Czechs and the Romanians are considering to move their embassies to Jerusalem against the EU position. This is the state of the EU these days".  

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Businesses like farmers, contractors and delivery companies — not individual consumers — will lead America into the electric vehicle era, judging from how demand is currently shaping up.

Why it matters: While consumers are waiting on the sidelines to see if the charging infrastructure improves and prices come down, commercial businesses see EVs as a way to boost their productivity and improve operations.

First look: Biden's Georgia blues

Photo: Drew Angerer/Getty Images

President Biden's job approval rating has dropped to 34% in Georgia, a closely watched swing state he won in 2020, according to a new Atlanta Journal-Constitution/University of Georgia poll shared with Axios.

Why it matters: Biden risks serving as a drag on his party in key Senate and gubernatorial contests.

Rents hit another all-time high

Data: Zumper; Chart: Axios Visuals

The national median price of a one-bedroom rental apartment in January was up 12% year-over-year, to $1,374 — an all-time high, per Zumper, an online apartment rental site.

Why it matters: Inflation is taking a bigger bite out of people's paychecks these days not only in food and gasoline, but also in housing costs.