<b>Live updates: follow the latest news on </b><a href="https://www.thenationalnews.com/world/2022/02/18/russia-ukraine-latest-news/"><b>Russia-Ukraine</b></a> Russian President <a href="https://www.thenationalnews.com/tags/vladimir-putin" target="_blank">Vladimir Putin</a> has had his honorary black belt in taekwondo revoked by the sport's governing body in response to the military action in <a href="https://www.thenationalnews.com/tags/ukraine/" target="_blank">Ukraine</a>. As <a href="https://www.thenationalnews.com/world/2022/02/18/russia-ukraine-latest-news/" target="_blank">Russian troops amass outside Kiev</a>, and hundreds of thousands of Ukrainian refugees flee into neighbouring countries, world leaders have heaped economic sanctions on Putin and his closest allies, as well as Russian-linked businesses. World Taekwondo, which governs international federations for the sport, was the latest organisation to condemn Putin, saying on Tuesday that Moscow's actions went against the sport's vision: "Peace is more precious than triumph." "In this regard, World Taekwondo has decided to withdraw the honorary 9th dan black belt conferred to Mr Vladimir Putin in November 2013," the Seoul-based body said. It added that official taekwondo events would not be organised in Russia or Belarus. In line with the International Olympic Committee's urging, the flags and anthems of both countries will also not be displayed or played at taekwondo events around the world. "World Taekwondo's thoughts are with the people of Ukraine and we hope for a peaceful and immediate end to this war," it said. Putin does not actually do taekwondo, but is instead accomplished in judo, another martial art, and has long served as an honorary president to the International Judo Federation. On Sunday the IJF suspended his status as honorary president and ambassador to the sport. On Monday, the International Olympic Committee urged sports federations and organisers to exclude Russian and Belarusian athletes and officials from international events following Russia's attack on Ukraine. The International Ice Hockey Federation banned all Russian national teams and clubs from its events, while organisers of basketball's Euroleague and Eurocup competitions announced that Russian teams had been suspended. The Formula One Russian Grand Prix scheduled for September 25 was cancelled last week with organisers saying it was <a href="https://www.thenationalnews.com/sport/f1/2022/02/25/formula-one-says-it-is-impossible-to-host-race-in-russia-this-season/">"impossible"</a> to hold the race in the current circumstances. Football made a stance with Fifa and Uefa - the world and European football governing bodies - simultaneously banning Russia from its club and international competitions on Monday. On Tuesday, World Rugby <a href="https://www.thenationalnews.com/sport/other-sport/2022/03/01/previous-sporting-bans-as-ioc-calls-on-world-to-exclude-russia-and-belarus/">banned</a> Russia and Belarus from all international tournaments while the Badminton World Federation (BWF) on Monday also <a href="https://www.thenationalnews.com/sport/other-sport/2022/03/01/rugby-and-badminton-follows-fifa-and-uefa-as-ioc-calls-for-russia-sports-ban/" target="_blank">cancelled all sanctioned events</a> in Russia and Belarus, and banned them from hosting future tournaments "until further notice".