International news: foreign, global, glocal and something in between Paola Madrid Sartoretto “Remember that this is a dying occupation” – comment of a journalist informant to Ulf Hannerz during his research on routines of foreign correspondents. Introduction In his research that resulted on the book Foreign News – Exploring the World of Foreign Correspondents, Ulf Hannerz travelled around the world interviewing journalists based in foreign countries whose job was to report back home. Many of them spoke about shrinking budgets for foreign coverage, staff cuts and consequent decreasing in foreign coverage on both printed and broadcasted press. After “parachuting” himself to different parts of the world in his attempt to understand the routines of foreign correspondents, Ulf Hannerz observed that It is certainly a widespread view that generally, media organizations are more business-minded than ever, and in times when economic considerations play a very large part in management minds, the down-to-earth question is raised whether the high cost of foreign news, especially in the form of an extensive network of staff correspondents, is really balanced by more readers or advertisement revenue directly brought in by such coverage. For some organizations the answer may be simply no, and thus they may seek alternative ways of reporting the world – or just do very little of it. (Hannerz, 2000:24) In the same vein, Garrick Utley has noted, in 1997 that Producers and network executives believe the American mass audience's interest in daily events beyond their nation's borders is declining, so little such news is offered - which exacerbates the high cost/low return (or low visibility of international coverage today.(Utley 1997) Today, the Swedish daily Dagens Nyheter, is one of the few newspapers worldwide that still keep a team of correspondents which its publishers claim to be the biggest in Scandinavia. At the same time, since the 1990s a number of books covering the area of global news or globalization of news (see for example (Ginneken 1998) and (Boyd-Barrett & Rantanen 1998)) have been published. Some scholars have also discussed the role of media in globalization (Rantanen 2005), (Robertson 2010),(Appadurai 1996) as well as the role of process such as deregulation, privatization and concentration of ownership (Iosifidis et al. 2005; Chalaby 2005) on the media as a market under a political economic perspective. That leaves us with a question, if foreign correspondents are a class in extinction, if the international coverage is getting thinner, what are we to study? Moreover, how can we define global news as a genre distinct from foreign news and who writes this so called global news? It has been