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Today’s Brief

Warsh reopens the rate-hike door

Warsh rattles markets as Hormuz talks stall and Himalayan floods overwhelm rescue crews

The past half-day brought a grim mix of disaster management, war diplomacy and monetary discipline. Rescue teams in the Himalayas paused under the threat of another flood, while oil traders watched the Strait of Hormuz and bond traders watched Kevin Warsh.

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World · Updated 1h ago

The war in Ukraine and its limits

Tusk's 600,000-troop mobilization warning and Russian village captures add escalation signals, but no new policy shift or weapons commitment occurred this cycle.

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AI-generated·Learn how
© LExpress.fr
Diplomacy·30m ago

Former Ukrainian Defence Minister Mykhailo Fedorov joins Italian Defence Ministry as innovation adviser

Mykhailo Fedorov has agreed to advise Italian Defence Minister Guido Crosetto on drones, unmanned systems and air defence technologies while remaining based in Kyiv.

Appointment in Rome

Former Ukrainian Defence Minister Mykhailo Fedorov has accepted a position as defence innovation adviser to Italy's Defence Ministry. Italian Defence Minister Guido Crosetto announced the appointment on 28 August 2026, publishing a photograph alongside Fedorov on the social media platform X. Crosetto praised Fedorov as a driving force behind military innovation who helped Ukraine regain initiative during the conflict with Russia. The Italian minister had initially extended the offer in July 2026 shortly after Fedorov left the Ukrainian government. Fedorov accepted the role after turning down competing advisory offers from the United States, the United Kingdom, and other European nations, confirming he will remain based in Kyiv.

I am therefore glad that Mykhailo Fedorov has accepted to offer his services as the defence innovation adviser.

— Guido Crosetto

Dismissal and Kyiv politics

The 35-year-old official was the youngest defence minister in Ukrainian history, holding office from January 2026 until his removal by President Volodymyr Zelensky six months later. His tenure included procurement and mobilisation reforms that generated resistance from military commanders and political opponents. Following his dismissal in July 2026, street demonstrations took place in Kyiv with thousands demanding his return to the ministry. Zelensky subsequently offered Fedorov other positions on 23 July 2026, including deputy prime minister for military innovation. Political friction expanded in August 2026 when Fedorov proposed holding elections, which remain suspended under martial law instituted during the February 2022 Russian invasion.

Mykhailo Fedorov political and ministerial timeline
  1. 2019Enters Ukrainian government as Deputy Prime Minister and Minister of Digital Transformation
  2. 2026-01Appointed Minister of Defence of Ukraine
  3. 2026-07Dismissed from the defence ministry by President Volodymyr Zelensky; Crosetto extends advisory offer
  4. Jul 23, 2026Zelensky proposes alternate roles including Deputy Prime Minister for military innovation
  5. 2026-08Calls for national elections in Ukraine
  6. Aug 28, 2026Italy's Defence Ministry announces Fedorov as defence innovation adviser

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Technological background and mandate

Born in Vasylivka in the Zaporizhzhia region, Fedorov entered government in 2019 at age 28 as deputy prime minister and minister of digital transformation after working on Zelensky's presidential campaign. In that role, he created the Diia application to digitise administrative services before coordinating digital wartime efforts, including Starlink integration and uncrewed aerial systems. In discussions with Crosetto, the bilateral focus turned to drones, autonomous systems, and air defence capabilities. Fedorov stated that rapid testing and scaling of technology with industrial production must form the core of European defence planning.

In this role, I will assist Italy in adopting modern warfare technologies, enhancing its defense sector, and adapting to emerging global security challenges.

— Mykhailo Fedorov

Italian coalition context

The appointment was welcomed by Italian Undersecretary of Defence Matteo Perego di Cremnago of Forza Italia, who called the collaboration an opportunity to strengthen national security through technological modernization. Italy has sent military equipment to Ukraine throughout the war, including radar equipment, Aster 30 missiles, and SAMP/T air defence batteries. The decision coincides with internal debates over Italian defence aid, with figures such as Lega leader Matteo Salvini expressing reservations regarding the scale of military assistance. Crosetto stressed that integrating battlefield tech expertise aligns Italian armed forces with wider Western operational procedures inside NATO. Fedorov affirmed that he will continue leading separate Ukrainian defence development projects during his foreign consultations.

Rome · Kyiv
Mykhailo FedorovGuido CrosettoVolodymyr ZelenskyMatteo Perego di CremnagoMatteo Salvini
RomeVolodymyr ZelenskyyKijówKyivKiewMatteo SalviniGuido CrosettoMichael FedorovMatteo Perego di Cremnago

8 sources

  • Ukraine's Fedorov takes adviser role at Italian Defence Ministry
    Reuters·19h ago
  • ++ Ex ministro ucraino Fedorov sarà consulente della Difesa italiana ++ - Notizie
    ANSA.it·20h ago
  • Rome recrute l'ex-ministre ukrainien Mykhailo Fedorov comme conseiller défense
    LExpress.fr·2h ago
  • Il "patto dei droni". Crosetto-Fedorov. L'anti-Zelensky consulente italiano
    il Giornale.it·3h ago
  • Mikhailo Fedorov, chi è l'ex ministro ucraino scelto da Crosetto per la Difesa italiana. La tensione con Zelensky
    Il Sole 24 ORE·6h ago
  • Ukrainischer Ex-Minister: Mychailo Fedorow wird Berater für militärische Innovationen in Italien
    Der Tagesspiegel·7h ago
  • Zaskakujący ruch! Transfer z ukraińskiego rządu do włoskiego
    wpolityce.pl·9h ago
  • Fedorov diventa "consigliere" di Crosetto, la svolta big tech delle difese alleate
    lastampa.it·11h ago

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