One of the most interesting web news offerings is from the BBC, from BBC Monitoring.
It describes itself in this way:
BBC Monitoring selects and translates news from radio, television, press, news agencies and the internet from 150 countries in more than 70 languages. It is based in Caversham, UK, and has several bureaux abroad.
Centralized access to news from other countries, in English (and translated), is unique among offerings out on the web. If you know of something similar, or better, I'd love to hear about it.