Children play with a ball in the courtyard of a residential area in a small town in the Moscow region, on November 21, 2024. Under the impact of the explosion of military orders, inflation is expected to approach 9% at the end of the year. The cost of credit, the engine of Russia's economic growth, has become prohibitive. To combat inflation, the Russian Central Bank (RBC) raised the reference rate to 21% at the end of October and "is considering" a new increase on 20 December, said the institution's director, Elvira Nabiullina. (Photo by Natalia KOLESNIKOVA / AFP) (Photo by NATALIA KOLESNIKOVA/AFP via Getty Images)

(FILES) Yvon Gattaz, President of the CNPF, French National Council of French Employers, arrives on March 12, 1982 at the Hotel Matignon in Paris for a meeting with French Prime Minister Pierre Mauroy. Yvon Gattaz, who was the boss of employers under Mitterrand, died on December 11, 2024 night at the age of 99, his family told AFP on December 12, 2024. (Photo by Michel CLEMENT / AFP) (Photo by MICHEL CLEMENT/AFP via Getty Images)

An elderly walks past an old building in a small town in the Moscow region, on November 21, 2024. Under the impact of the explosion of military orders, inflation is expected to approach 9% at the end of the year. The cost of credit, the engine of Russia's economic growth, has become prohibitive. To combat inflation, the Russian Central Bank (RBC) raised the reference rate to 21% at the end of October and "is considering" a new increase on 20 December, said the institution's director, Elvira Nabiullina. (Photo by Natalia KOLESNIKOVA / AFP) (Photo by NATALIA KOLESNIKOVA/AFP via Getty Images)

Women weave military in a small town in the Moscow region, on November 21, 2024. Under the impact of the explosion of military orders, inflation is expected to approach 9% at the end of the year. The cost of credit, the engine of Russia's economic growth, has become prohibitive. To combat inflation, the Russian Central Bank (RBC) raised the reference rate to 21% at the end of October and "is considering" a new increase on 20 December, said the institution's director, Elvira Nabiullina. (Photo by Natalia KOLESNIKOVA / AFP) (Photo by NATALIA KOLESNIKOVA/AFP via Getty Images)

(FILES) French businessman Yvon Gattaz (L), President of the Conseil national du patronat français, the main pro-business organization in France, chats with French Minister of Justice Robert Badinter during a forum organized by the economic periodical "L'Expansion", on April 12, 1984. Yvon Gattaz, who was the boss of employers under Mitterrand, died on December 11, 2024 night at the age of 99, his family told AFP on December 12, 2024. (Photo by Dominique FAGET / AFP) (Photo by DOMINIQUE FAGET/AFP via Getty Images)

(FILES) Member of the French academy Yvon Gattaz departs after attending the annual opening ceremony at the Institut de France in Paris, on October 25, 2022. Yvon Gattaz, who was the boss of employers under Mitterrand, died on December 11, 2024 night at the age of 99, his family told AFP on December 12, 2024. (Photo by Ludovic MARIN / AFP) (Photo by LUDOVIC MARIN/AFP via Getty Images)

This photograph shows food displaying at a street market in a small town in the Moscow region, on November 21, 2024. Under the impact of the explosion of military orders, inflation is expected to approach 9% at the end of the year. The cost of credit, the engine of Russia's economic growth, has become prohibitive. To combat inflation, the Russian Central Bank (RBC) raised the reference rate to 21% at the end of October and "is considering" a new increase on 20 December, said the institution's director, Elvira Nabiullina. (Photo by Natalia KOLESNIKOVA / AFP) (Photo by NATALIA KOLESNIKOVA/AFP via Getty Images)

People walk along the street passing between old and new residential buildings in a small town in the Moscow region, on November 21, 2024. Under the impact of the explosion of military orders, inflation is expected to approach 9% at the end of the year. The cost of credit, the engine of Russia's economic growth, has become prohibitive. To combat inflation, the Russian Central Bank (RBC) raised the reference rate to 21% at the end of October and "is considering" a new increase on 20 December, said the institution's director, Elvira Nabiullina. (Photo by Natalia KOLESNIKOVA / AFP) (Photo by NATALIA KOLESNIKOVA/AFP via Getty Images)