Geopolitics trumps counternarcotics cooperation, the spread of tech jobs to different parts of America, and money laundering in real estate.
Stemming the tide of dirty money into US real estate From a Manhattan penthouse once owned by Jay-Z and Beyoncé to a 23,000-square-foot mansion in Washington’s Embassy Row, several high-profile U.S. real estate properties have been bought with dirty money over the years. Matthew Collin, Florian Hollenbach, and David Szakonyi examine the U.S. Treasury Department’s efforts to curb the practice. Read more | Coastal cities have dominated tech work. The pandemic may be changing that. For decades, the U.S. tech industry has been highly concentrated in a short list of coastal “superstar” cities like San Francisco, Seattle, and New York. With the COVID-19 pandemic facilitating the rise of remote work, have tech job opportunities expanded to new parts of the country? Mark Muro and Yang You share findings from their new research. Read more | Geopolitics trumps counternarcotics cooperation “As U.S.-China bilateral relations have grown more tense, Beijing’s willingness to cooperate with Washington on counternarcotics has shrunk.” Vanda Felbab-Brown explains China’s approach to international drug control policies and what the United States can do to continue diplomacy and engagement around this issue. Read more | Help support Brookings with a donation Brookings is committed to making its high-quality, independent policy research free to the public. Please consider making a contribution today to our Annual Fund to support our experts' work. | The conclusions and recommendations of any Brookings publication are solely those of its author(s), and do not reflect the views of the Institution, its management, or its other scholars. | |