Daily Headlines: March 27, 2013

* Brazil: The BRICS economic alliance, which includes Brazil, approved a $100 billion fund to combat currency crises but is divided on the possible creation of a new development bank.

* Nicaragua: Authorities are keeping a close eye on the San Cristobal volcano after several moderate earthquakes shook nearby areas.

* Peru: Opposition is mounting against government plans to reinstate an obligatory military service that has been criticized as discriminatory to the poor.

* Argentina: Cuban Cardinal Jaime Ortega claimed that Argentine-born Jorge Mario Bergoglio urged the Vatican to emerge from its “theological narcissism” hours before he was elected as Pope.

Video Source – YouTube via Al Jazeera English

Online Sources- Bloomberg, LAHT, Time, CBS News