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Seychelles votes in closely contested presidential run-off election | Elections News

African island nation decides its future as Wavel Ramkalawan seeks a second term against Patrick Herminie.

Voters in Seychelles have been casting their ballots in a tightly fought presidential run-off between incumbent Wavel Ramkalawan and opposition leader Patrick Herminie.

Polls opened in the African island nation on Saturday, with results expected on Sunday.

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The election will determine whether Ramkalawan of the governing Linyon Demokratik Seselwa party secures a second five-year term or Herminie’s United Seychelles party returns to power after losing control five years ago.

The United Seychelles party, led by Herminie, was the governing party between 1977 and 2022, before losing power.

It regained ground in last month’s parliamentary elections, winning 15 of 26 seats.

Neither candidate won outright in the first round two weeks ago.

Herminie led with 48.8 percent of the vote compared with Ramkalawan’s 46.4 percent, forcing a final round run-off in the nation of 120,000 people.

Early voting began on Thursday at special locations including elderly care homes, schools and several outer islands. Main polling stations opened after 7am (03:00 GMT) on Saturday for the more than 77,000 registered voters.

Several contentious issues have dominated this electoral cycle.

A controversial land lease has emerged as a central campaign flashpoint, with the government granting a Qatari company a 70-year agreement to build a luxury resort on Assumption Island for $20m.

Environmental groups filed a legal challenge to halt the project, arguing it threatens a fragile ecosystem near the UNESCO-protected Aldabra atoll, home to 400 unique species.

Herminie has pledged to cancel the hotel development if elected, while also promising to lower the retirement age and reduce public transport costs. Ramkalawan, the incumbent, has defended the Qatar deal as a necessary investment for the tourism-dependent economy.

Drug addiction has also dominated voter concerns. The country faces one of the world’s highest rates of heroin use, with an estimated 10 percent of working-age residents struggling with addiction. Critics say both candidates failed to adequately address the crisis during their time in government.

Ramkalawan, a former Anglican priest, became the first opposition leader to win the presidency in 2020, ending United Seychelles’ 43-year hold on power. His opponent Herminie served as parliamentary speaker and previously chaired the national drug prevention agency.

The victor will lead Africa’s smallest and wealthiest nation in per capita terms through mounting challenges including climate vulnerability and protecting sovereignty amid competing international interests.

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Arsenal fixture flip, Salah’s vengeance and other things to observe closely in Gameweek 7

WE’VE identified five intriguing talking points ahead of Gameweek 7.

We encourage you to notice, observe and scrutinise these points of interest — full immersion in Dream Team is the best way to climb the leaderboard!

Antoine Semenyo of Bournemouth celebrating.

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First out the gateCredit: Getty

Cherry Picking

The first thing that demands your attention in Gameweek 7 is the deadline.

Bournemouth v Fulham is scheduled to kick-off at 8pm on Friday night, which means the deadline is 6:30pm — don’t wait until Saturday morning.

It’ll be all eyes on Antoine Semenyo (£4.8m) once the game gets underway as the Ghana international features in over a quarter of teams.

He ranks fourth among midfielders at the time of writing having amassed 52 points from seven outings.

The only downside to owning Semenyo is his limited schedule as the Cherries do not have European commitments and were eliminated from the Carabao Cup early doors.

However, that’s not relevant right now as Gameweek 7 simply consists of a full round of Premier League games.

Semenyo will always come to the fore when every club has the same number of fixtures to fulfil.

Stat Padding

Mohammed Kudus of Tottenham Hotspur in a Premier League match.

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It’s a numbers gameCredit: Getty

The Saturday lunchtime fixture sees Tottenham visit Leeds, who haven’t lost at home in well over a year.

Thomas Frank will hope the early kick-off time will negate the Elland Road atmosphere, which seems to have drawn out below-par performances from Everton, Newcastle and Bournemouth this season.

Anton Stach (£2.9m) and Sean Longstaff (£2.7m) have produced unexpected mega hauls in recent weeks but Dream Team managers will be more focused on Mohammed Kudus (£4.9m), the fourth-most selected midfielder in the game.

The mercurial 25-year-old is leading the way for both successful dribbles (33) and accurate crosses (18) among all players, an indication of his influence and, more importantly, a consistent supply of bonus points.

Kudus has racked up 45 points but he’s not the best Spurs midfield right now, that honour belongs to Joao Palhinha (£3.7m) on 49 points.

Everyone expected the Portuguese loanee to rack up tackles – only Moises Caicedo (£4.7m) has made more challenges – but he’s been surprisingly effective in final third so far with three goals to his name.

Whether his attacking output is sustainable remains to be seen.

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Fixture Flip

Arsenal manager Mikel Arteta gives a double thumbs up.

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Arsenal’s tricky run may be at an endCredit: Reuters

Arsenal assets should be at the forefront of your mind now their difficult run of fixtures is seemingly at an end.

The Gunners have already been to Old Trafford, Anfield and St James’ Park, not to mention a home game against Manchester City, but the schedule flips in their favour now with an appealing string of match-ups until the November international break.

Mikel Arteta’s side are due to face West Ham (h), Fulham (a), Atletico Madrid (h), Crystal Palace (h), Brighton (h), Burnley (a), Slavia Prague (a) and Sunderland (a) over the next five Gameweeks.

It’s notable that the hardest opponents of that bunch (Atletico and Palace) are both home games.

If you’ve resisted Arsenal players until now because of their tricky fixtures, consider this a turning point.

Backers of David Raya (£4.8m) and the first-choice defenders will be particularly hopeful of substantial points this autumn.

Cue Jarrod Bowen (£5.2m), boosted by Nuno Espirito Santo’s new manager bounce, playing the role of party pooper on Saturday.

The Hammers’ talisman ranks third among forwards at present, a mighty effort without European fixtures.

Mo Problems

Mohamed Salah of Liverpool celebrates scoring a goal.

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Write him off at your perilCredit: Getty

At the time writing, Mohamed Salah (£7.3m) is the third-most transferred-out player ahead of Gameweek 7.

It’s extremely rare that the Egyptian superstar suffers a significant dip in popularity when fully fit and available.

He mustered just four points in Gameweek 6, worlds away from the massive haul achieved by a certain Norwegian poacher, but he remains the second-best performer among players in his position.

Given Salah’s history, might everything be set up for a statement performance at Stamford Bridge this weekend?

The Blues haven’t won in the league since August and with absentees in defence, they may find it hard to resist Arne Slot’s troops.

Alisson (£4.1m) is unlikely to recover before the weekend and so Giorgi Mamardashvili (£3.5m) is expected to start between the sticks for Liverpool.

Salah has registered nine goal involvements in 15 league meetings with Chelsea.

Wouldn’t it be typical of him to take revenge on the swarm of gaffers who have ditched him this week?

Best for Last

Erling Haaland applauds the fans.

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CenturionCredit: Getty

We’ve skirted around the issue but it’s time to address the elephant in the room that is Erling Haaland’s (£7.7m) otherworldly form.

After just six Gameweeks, the relentless striker has 105 points to his name and a lead of 41 over his closest rival.

A brace against Monaco in the week took his goal tally for the season to 11 — nobody else has scored more than five.

Haaland will take to the stage last in Gameweek 7 as Man City’s trip to Brentford is the late kick-off on Sunday.

And who would bet against another double-digit return?

The Bees are 13th in the table but their underlying numbers are a concern.

Only Burnley have conceded more shots than Brentford while Keith Andrews’ mob rank dead last for shots taken.

Igor Thiago (£3.3m) and company have the capacity to make life difficult for their opponents but Pep Guardiola will expect one-way traffic in his favour at the Gtech.

The captaincy conversation is a non-starter, it’s Haaland and anyone that sees it differently is playing with fire.


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Why I’m Watching Costco Stock Closely Even if the Market Thinks It’s Overvalued

Costco is exceptional at delivering value for customers and shareholders.

Following a monstrous run over the last five years that saw the share price outperform the S&P 500, shares of Costco Wholesale (COST -0.89%) have cooled off in 2025. The stock is roughly flat year to date after surging to a 52-week high of $1,078 earlier this year.

Costco shares have trailed the bull market rally in recent months. The only thing investors can blame is the stock’s high valuation. At a price-to-earnings (P/E) ratio of 50, the stock is the most expensive it’s been in 25 years. But sometimes stocks can trade for years at extended valuation levels. Costco’s exceptional operating performance and superb leadership certainly are deserving of a premium valuation.

While the stock could be in the process of settling at a lower P/E, there are two things about Costco’s business that make me interested in the stock even if it’s historically expensive.

Costco warehouse with parked cars in the foreground.

Image source: Getty Images.

1. World-class operating efficiency

Costco has 81 million paying warehouse club members because it sells stuff in bulk cheaper than anyone else. Some investors might assume Costco prioritizes keeping its margins at a fixed level and reinvesting any cost savings in lower prices. While this is the basic strategy, Costco is still seeing its margins gradually rise.

Over the past 10 years, the company’s operating margin has improved from 3.1% to 3.8%. It has ticked up about 0.1% almost every year. This reflects several initiatives to improve operating efficiency, including automation, streamlining the checkout process, and continued growth in its private label brand Kirkland Signature, where sales continue to outpace Costco’s overall sales growth.

Costco capped off another solid year in terms of margin and operating profit growth. For fiscal 2025 (which ended in August), operating income grew 12% year over year, slightly above its past 10-year average annual increase of 11%. Earnings per share (EPS) grew 14% year over year excluding a tax benefit last year.

Consistency is a key element that can cause investors to award a premium valuation to a company. Next year, analysts expect Costco’s sales and adjusted earnings to grow 8% and 16%, respectively. The continued growth of Kirkland, which generates higher margins than other brands, and Costco’s culture of relentlessly squeezing every last ounce of inefficiency out of operations should maintain its recent trend of improving operating margin and earnings growth.

2. International opportunity

Perhaps the biggest factor that may cause the market to continue valuing Costco at a higher-than-average P/E is global expansion. Only 31% of Costco’s warehouse stores are outside the U.S., yet its discount operating model and global sourcing capabilities could pave the way for profitable international growth.

Costco currently has 914 warehouses worldwide, with 629 in the U.S. It plans to increase this base to 944 in fiscal 2026. Opening warehouses in foreign markets requires longer planning than in the U.S., but the company has a pipeline of openings it is pursuing internationally.

Current international stores are performing well. In the most recent quarter, its adjusted comparable-store sales in Canada grew 8.3% year over year, with other international markets up 7.2%. This was marginally higher than its U.S. comp-sales growth of 6%. Strong international growth prospects extend Costco’s ability to maintain consistent performance for many years.

But Costco is still finding plenty of room to expand on its home turf. Over the next year, two-thirds of its planned warehouse increase will be in the U.S. The combination of improving margins and growth opportunities at home and abroad justifies a high valuation.

Beyond numbers and growth opportunities, Costco’s corporate culture is just something you cannot pin to a specific P/E. The company’s consistent performance reflects a management team that is focused on one thing: delivering more value to customers. The fact it is succeeding on that mission while still improving margins makes Costco a highly valuable business.

Costco is one of a kind, and that’s why the stock still looks like a tempting buy even if it’s expensive.

John Ballard has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Costco Wholesale. The Motley Fool has a disclosure policy.

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How closely do congressional delegations reflect how people vote? Not very

The Constitution makes it clear: “The People” get to pick those who’ll represent their interests in the U.S. House of Representatives.

But just how closely do those choices reflect the overall political leanings of the people? The question is at the heart of a power play in Texas, where Republicans are trying to reshape the state’s congressional boundaries to help them maintain control of the House in next year’s midterm elections.

In many cases, a state’s congressional delegation doesn’t align very closely with what would seem to be the will of the voters, although that’s not always because of partisan gerrymandering.

Every state decides how to draw its own congressional boundaries. Some, like California, rely on independent redistricting commissions, while most leave it to the state Legislature and the governor to hammer out a plan. It’s states where one party controls all the levers of government where redistricting dramas like the one in Texas often play out as the majority tries to maximize its power.

Regardless of the process, the resulting maps often produce congressional delegations much more lopsided in favor of one party than the state’s partisan demographics might suggest.

A state’s presidential vote result isn’t a precise tool for measuring what its congressional delegation ought to look like, but it can provide a compelling point of comparison. Politicians frequently cite it when decrying partisan redistricting practices they think are unfair.

President Trump, who’s pushing Texas and other GOP-controlled states to redraw their maps, has said Republicans are “entitled to five more seats” in Texas based in part on the size of his win there in November. Trump won 56% of the Texas vote, but Republicans already hold 65% of the state’s congressional delegation — which would rise to 79% if the GOP’s new maps are adopted and past voting patterns hold in the next election.

During an event with Texas Democratic lawmakers in Boston, Missouri state Rep. Ashley Aune cited her state’s presidential vote results in warning of possible Republican-driven redistricting efforts there.

“Fifty-eight percent of Missouri voted for Trump, but they want to send an 87% representation to Congress,” said Aune, a Democrat.

It’s actually fairly common for a state’s congressional delegation not to align with statewide presidential vote results.

In 41 of the 44 states with more than one congressional district, the party of the winning presidential candidate had a larger share of the state’s congressional seats than its share of the presidential vote, an Associated Press analysis found. In most cases, it was a much larger share, a gap of at least 10 percentage points.

Here’s a comparison of the congressional delegations and presidential vote results in a sampling of states, including some of those considering a redraw of their congressional boundaries after Texas called its special session.

California and Illinois

In remarks to CNBC, Trump pointed to California and Illinois as justifications for redrawing the Texas map in Republicans’ favor.

“You notice they go to Illinois for safety, but that’s all gerrymandered,” he said in reference to the Texas Democrats who relocated to the Chicago area to block, at least temporarily, the Republican redistricting efforts.

“California’s gerrymandered. We should have many more seats in Congress in California,” he said.

He’s right about Illinois: Democrats have gerrymandered the lines so they hold 14 of the 17 House seats. Not so in California.

Democrats there do have an outsized majority, holding 43 of the state’s 52 House seats, about 83%. Vice President Kamala Harris, a Democrat, received about 59% of the November vote. But that’s not because of Democratic gerrymandering. A ballot initiative took the process away from state lawmakers and gave it to an independent citizens commission.

California’s lopsided map is due in part to the way like-minded people cluster: California Democrats tend to live in and near major cities that get more congressional districts because of their population.

Florida

Republican Gov. Ron DeSantis scored a legal victory in July when the state Supreme Court upheld his congressional redistricting plan redrawing a district with a large Black population. That plan resulted in Republicans holding about 71% of the state’s 28 U.S. House seats. Trump carried the state in November with 56% of the vote.

DeSantis later indicated there may be more “defects” in the map that need to be addressed before the next census.

Republicans held an 18-7 advantage over Democrats in Florida’s House delegation after the 2000 census. Democrats slowly narrowed the gap, reaching 13 seats to Republicans’ 14 after the 2018 election. But Republicans reestablished their advantage after the redistricting that followed the 2020 census, when they reached the 20-8 split they hold today.

New York

Democrats have long enjoyed an advantage at the New York ballot box in presidential and congressional elections. Harris received nearly 56% of the vote in 2024, while Democrats hold 73% of the state’s 26 House seats.

With Democratic advantages in both chambers of the state Legislature, New York might have been a ripe target for Democrats looking to offset Republican redistricting gains in Texas and elsewhere. But they would need to amend the state Constitution to conduct a new round of redistricting before the next census. That constraint means the earliest Democrats could enact a new map would be for 2028.

North Carolina

North Carolina, among the most closely divided states, has been embroiled in its own redistricting drama.

State Republicans implemented new House boundaries in 2023 that turned a 7-7 congressional delegation into one in which Republicans took a 10-4 advantage with the 2024 elections. Several districts are now the subject of a federal lawsuit, with Democrats alleging Republicans illegally diluted Black voting power.

North Carolina has been among the most competitive states in the last several presidential elections. While Trump carried the state in November with about 51% of the vote, it has elected Democrats as governor and attorney general and to other statewide offices.

In the 2008 presidential election, Democrat Barack Obama narrowly edged Republican John McCain with 49.7% of the vote. The congressional delegation at the time mirrored that with an almost even split, with Democrats holding seven seats and Republicans six after the 2010 midterms.

But after rounds of Republican-controlled redistricting after the 2010 census, Republicans held a 10-3 or 9-4 advantage in the congressional delegation for the rest of that decade.

After the 2020 census, a Democratic-majority North Carolina Supreme Court threw out a Republican-drawn plan and permitted elections under a map adopted by trial judges that produced the 7-7 split. The U.S. Supreme Court allowed the boundaries to be used in the 2022 elections.

After flipping to a Republican majority in 2023, the state Supreme Court ruled partisan gerrymandering wasn’t outlawed by the state Constitution, allowing GOP lawmakers to redraw a congressional map in use today that led to their party’s 10-4 majority.

Minnesota

Minnesota is the state where the congressional breakdown most closely matches the 2024 presidential result. Harris received 51% of that vote, compared with Trump’s 47%. Democrats and Republicans split the state’s eight House seats with court-imposed maps.

Nevada

Nevada, where a Democratic Legislature drew the lines, is the only state where the party of the winning presidential candidate is outnumbered by the other party in the state’s congressional delegation. Trump received 51% of the vote in Nevada, but Democrats hold three of the state’s four House districts.

Yoon writes for the Associated Press. Associated Press writer Leah Willingham in Boston contributed to this report.

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Taiwan deploys advanced US rockets in closely watched part of annual drills | Military News

HIMARS are being used in military drills aimed at boosting the island’s ability to combat threats from China.

Taiwan has begun deploying its newest and most precise strike weapons, high calibre rockets from the United States, as part of its annual live-fire drills to increase the island’s ability to counter potential attacks from China.

On Saturday, two armoured trucks with High Mobility Artillery Rocket Systems (HIMARS) were seen manoeuvring around the city of Taichung near Taiwan’s central coast, on the fourth of 10 days of the Han Kuang exercise, its most comprehensive annual exercise, according to the Reuters news agency.

Military spokesperson Colonel Chen Lian-jia said it would be crucial to conceal the HIMARS from enemy aerial reconnaissance, satellites, “or even enemy operatives behind our lines” until the order to fire was given.

China considers Taiwan its own province and has long threatened to use force to bring it under Beijing’s control.

Over the past five years, China has increased pressure around the island, staging a string of intense war games and daily naval and air force patrols around the territory.

Earlier this week, China’s Ministry of National Defense said the Han Kuang drills were “nothing but a bluffing and self-deceiving trick”. China’s Ministry of Foreign Affairs added that its opposition to US-Taiwan military ties was “consistent and very firm”.

On Thursday, Taiwanese President William Lai Ching-te said the exercises were being conducted based on “large-scale, realistic combat drills”.

Last year, Taiwan received the first 11 of the 29 HIMARS units, testing them for the first time in May.

The weapons, which have a range of about 300km (190 miles), have the potential to strike coastal targets in China’s southern province of Fujian on the other side of the Taiwan Strait.

While the United States, Taiwan’s biggest supplier of imported defensive weaponry, is bound by law to consider threats to the country as a “major concern”, it remains unclear if Washington, DC, under President Donald Trump’s administration, would deploy forces to counter a possible Chinese attack.

Reuters reported, quoting unnamed senior Taiwanese military officials, that the drills were unscripted and designed to replicate full combat conditions, starting with simulated enemy attacks and invasion scenarios.

The drills aim to show China and the international community, including the US, that Taiwan is determined to defend itself against any Chinese attack, the officials said.

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