A community basketball court named, "Black Power Vanguard Basketball Court," finished construction in 2022 in the majority-Black north side of Saint Louis, Missouri, as part of Black Power Blueprint / credit: Burning Spear

United States Imposes Economic Sanctions on Black Community Projects

This month, Regions Bank, a financial institution with branches in the U.S. South and Midwest, notified the Black nonprofit, African People’s Education and Defense Fund (APEDF), that the bank was “exiting” its 20-year relationship, closing accounts, withdrawing lines of credit and canceling mortgage loans. This comes on the heels of the FBI's raid in July of the African People's Socialist Party in Saint Louis, Missouri, as well as reported pending indictments against members of the party and its global network, the Uhuru Movement.