Putin under pressure: Russia is threatened with economic isolation - China is apparently sending a clear signal. Sanctions against Russia's economy are forcing banks to turn away from Putin.
Putin's circle of business partners and allies is shrinking due to sanctions. Financial institutions in the United Arab Emirates, Turkey and Austria are withdrawing from Russian business due to fears of sanctions. There are reports that the USA wants to exert massive pressure on the Austrian Raisen Bank International (RBI) to back away from a delicate deal involving Russian oligarch Oleg Deripaska.