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.
Financial institutions in the United Arab Emirates, Turkey and Austria are withdrawing from Russian business due to fears of sanctions. Recently there were reports that the USA wants to exert massive pressure on the Austrian Raiffeisen Bank International (RBI) According to a Reuters report, the US wants to prevent the RBI from making a delicate billion-dollar deal involving Russian oligarch Deripaska.