Tropical Storm Eugene is churning the waters of the Pacific Ocean off the west coast of Mexico.

The U.S. National Hurricane Center in Miami, Florida says the storm is about 675 kilometers south-southwest of Acapulco.

Eugene is moving to the west-northwest at about 17-kilometers per hour with sustained winds of 75-kilometers per hour. Tropical storm force winds extend 110 kilometers from the storm's center.

Eugene is expected to become a hurricane by Tuesday, but remain far from land.

U.S. President Barack Obama has announced an agreement with congressional leaders on a compromise deal to raise the nation's debt ceiling and keep the government from defaulting on its $14.3 trillion debt.

Mr. Obama told reporters at the White House Sunday night the proposed deal cuts $1 trillion in spending over 10 years and sets up a bipartisan panel in Congress to look at making substantial additional reductions. He said that panel will consider all options, including tax increases and cuts to social welfare programs like Medicare.

Both the House and Senate still must approve the compromise. No votes are expected in either house of Congress until Monday at the earliest, to give rank-and-file lawmakers a chance to review the package. Congressional leaders of both parties think they have the votes to get the deal approved.

The president called the proposal a compromise that lets the country avoid default while making a serious down payment on deficit reduction. He said default would have a “devastating effect” on the U.S. economy.

The White House says the agreement would avoid the need to raise the nation's borrowing limit until 2013, providing greater “certainty” about the fragile economy. It would also delay the issue until after the next U.S. presidential election.

As congressional leaders argued about raising the debt ceiling last week, U.S. stock markets suffered their worst losses of the year and the value of the dollar slumped.

All sides agreed on the need to cut spending and raise the debt ceiling. But they have squabbled for weeks on what to cut and how fast those cuts should be made. Republican and Democrats also split on the need for revenue increases.

Under the proposed agreement, the Congressional panel must identify the additional budget reforms by November 23, and Congress must vote on the recommendations before the end of the year.

If lawmakers fail to act by the deadline, the agreement includes automatic cuts to programs that both Democrats and Republicans want to protect.

The White House said allowing the panel to consider reforms without a looming debt default will give lawmakers the ability to consider “essential reforms” without the political gamesmanship of the past few months.

Asian stock markets surged Monday on news that U.S. President Barack Obama and congressional leaders had reached a deal to avert a debt default.

Before noon Tokyo time, the Nikkei Index had gained more than 1.8 percent, snapping a three-day losing streak, while the dollar climbed nine-tenths of a percent against the yen.

Hong Kong markets opened 1.4 percent higher, while markets across Asia trended upward. U.S. stocks were expected to rise significantly Monday, after a week of losses.

Gold dropped $14.60 to $1,612.45 an ounce.

Despite the proposed deal, analysts still believe rating agencies will likely downgrade U.S. bonds because of the uncertainly of future spending cuts and the general anxiety among investors caused by the debt crisis.

The agreement still must be passed by a deeply divided Congress.

A United Airlines flight travelling between Washington's Dulles International Airport and Cancun, Mexico was diverted to Havana, Cuba after a strange odor was detected on board.

The Airbus 320, carrying 135 passengers and five crew members, landed in Havana Sunday after the crew noticed a burning smell in the cockpit.

A United Airlines spokesman said that in order to be safe the pilots decided to land the aircraft at the nearest available airport”.

Gloria Berbena,a spokeswoman for the U.S. Interests section in Cuba, said a second plane arrived from the United States later Sunday and flew the passengers out.

U.S. law restricts the travel of American citizens to Cuba, although there are frequent charter flights between the two countries.

The United States and Cuba do not maintain full diplomatic relations.

U.S. President Barack Obama has announced an agreement with congressional leaders on a compromise deal to raise the nation's debt ceiling and keep the government from defaulting on its $14.3 trillion debt.

Mr. Obama told reporters at the White House Sunday night the proposed deal cuts $1 trillion in spending over 10 years and sets up a bipartisan panel in Congress to look at making substantial additional reductions. He said that panel will consider all options, including tax increases and cuts to social welfare programs like Medicare.

Both the House and Senate still must approve the compromise. No votes are expected in either house of Congress until Monday at the earliest, to give rank-and-file lawmakers a chance to review the package. Congressional leaders of both parties think they have the votes to get the compromised approved.

The president called the proposed deal a compromise that lets the country avoid default while making a serious down payment on deficit reduction. He said default would have a “devastating effect” on the U.S. economy.

As congressional leaders argued over the debt crisis last week, U.S. stock markets suffered their worst losses of the year and the value of the dollar slumped.

All sides agreed on the need to cut spending and raise the debt ceiling. But they have squabbled for weeks on what to cut and how fast those cuts should be made.

Turkey's military and government leaders will meet Monday to discuss what steps to take after the country's top four military commanders resigned in protest at the jailing of hundreds of officers.

Chaired by Turkish Prime Minister Recep Tayyip Erdogan, the Supreme Military Council in Ankara is expected to designate a successor to the chief of Turkey's military forces, General Isik Kosaner, and the other generals who stepped down Friday.

Kosaner and the army, naval and air commanders resigned amid escalating tensions between the secularist military and the Islamic-oriented government.

Turkish President Abdullah Gul told reporters Saturday in Ankara that the resignations were “extraordinary,” but said there will be no power vacuum.

The government moved quickly to appoint General Necdet Ozel, chief of the gendarmerie, as head of the army and acting chief of general staff.

Ozel will lead the military delegation to the four-day Supreme Military Council, which will also be attended by Mr. Gul and senior Cabinet Ministers.

The resignations came after Kosaner met with Prime Minister Erdogan and President Gul to discuss key promotions of military staff at Monday's council meeting. Mr. Erdogan is reported to have signaled he would block promotions for officers he believed were part of a conspiracy to bring down his government.

Turkish authorities have detained more than 300 people as part of a wide-reaching investigation into alleged plots to undermine the government. Some 200 active and retired military officers, including 30 generals, have been charged in the probe. Most of the officers who have been charged are being held in prison.

Kosaner said in his resignation statement that he cannot defend the rights of military men who are unfairly imprisoned.

Japanese share prices opened higher Monday on news that the U.S. congressiona leaders and the White House have reached a deal to avoid defaul.

Tokyo's Nikkei index rose more than 1.5 percent shortly after the opening.

The dollar was up against the yen and on Wall Street, Standard & Poors futures were up more than 1 percent.

Despite a proposed deal, analysts still believe rating agencies will downgrade U.S. bonds because of the uncertainly of future spending cuts and the general anxiety among investors caused by the debt crisis.

U.S. President Barack Obama says a deal has been reached with House and Senate leaders to raise the nation's debt ceiling and keep the government from defaulting on its $14.3 trillion debt.

Mr. Obama appeared in the White House briefing room Sunday night to announce the proposed deal, which he said cuts $1 trillion in spending over 10 years and sets up a bipartisan panel in Congress to look at further reductions. He said everything will be on the table in talks on future cuts.

The president called the proposed deal a compromise that lets the country avoid default while making a serious down payment on deficit reduction.

Votes on the deal in both the House and Senate are expected Monday. Final approval would raise the debt limit and let the government keep paying its bills.

U.S. and overseas markets were nervously watching developments in Washington all day Sunday. If no deal is approved by Tuesday, it could set back a shaky world economy, which is still struggling to recover from recession.

U.S. stock markets suffered their worst losses of the year last week and the value of the dollar slumped.

All sides agree on the need to cut spending and raise the debt ceiling. But they have been squabbling for weeks on what to cut and how fast those cuts should be made.

Cuban-born writer and journalist Eliseo Alberto, living in exile in Mexico, has died at the age of 59.

Alberto, nicknamed Lichi, died Sunday at a hospital in Mexico City after receiving a kidney transplant on July 18.

He was celebrated as one of the best contemporary Spanish-language poetry and prose writers. He also wrote television scripts and taught at film schools in Mexico and elsewhere.

Alberto said his books explored Christian themes such as regret, forgiveness and punishment.

In 1998, he received the Premio Alfaguara de Novela, an international Spanish-language literary award, for his novel “Caracol Beach.”

Alberto was born in 1951 in Arroyo Naranjo, Cuba and was the son of Cuban poet and intellectual Eliseo Diego.

In his autobiographical work “Informe contra mi mismo” he described how the Cuban security authorities asked him to report on his father's activities.