Political turmoil in Sri Lanka sees stock market plunge 33%, EU confirms Russian war crimes and begin talks on further sanctions, top climate scientists from the IPCC issue stark warning for rising temperatures, and MORE.

Let's take a look at the investment markets and key developments over the past week.

More refugees released from Australian detention centres in what some label a pre-election ploy, Aussie wages rising up to 10%, disturbing Russian war crimes prompts EU to consider further sanctions, and MORE.

Biden announces mass release of US oil reserves, urges allies to follow suit, Russian troops allegedly exposed to radiation at Chernobyl, Chinese investors receive little clarity over short-term future of economy + MORE.

Russian military allegedly misled Putin over performance in Ukraine, global stock markets dip while the ASX is set to edge higher, Labor may extend fuel excise cut if elected, and MORE.

ScoMo shuts down in-house claims of bullying, US not yet ready to believe Russia over Kyiv pullback, Elon Musk accuses the SEC of "misconduct" + MORE.

Oscars condemns Will Smith slapping comedian Chris Rock, major flood warnings for parts of northern NSW, must-win Coalition seats to expect targeted spending as part of tonight's Federal Budget, and MORE.

How are investment markets shaping with war unabating in Ukraine and the Fed looking hawkish on interest rates?

Federal Budget set to take sting off Aussie petrol prices, US allies criticise Biden for inflammatory comment about Vladimir Putin, employee share scheme to be lowered or even removed as part of tomorrow's Budget, and MORE.

Ukraine war latest, crypto rally sees sector return to $2 trillion market cap, Apple subscription for hardware products reportedly in the works, and MORE.

PM under pressure to cut fuel excise, Russia offers to cut wheat price for Indonesia, cockpit voice recording found in China plane crash wreckage, and MORE.

Russia to be hit with fresh set of economic sanctions, Australian voters most pessimistic in 30 years, Australian War Memorial urged to cut ties with controversial sponsors, and MORE.