With almost all the ballots counted in Ukraine, opposition leader Viktor Yanukovych is on course to become Ukraine’s next president. The Russian-backed Yanukovych won about 49 percent of the vote, beating Ukrainian Prime Minister Yulia Tymoshenko, who has yet to concede defeat. Yanukovych’s victory has been described as an extraordinary comeback after his defeat five years ago in the so-called Orange Revolution at the hands of Viktor Yushchenko, whom he is set to replace as president.