I'm not sure - mostly newspapers are context-less - the stories are not placed in a overall explicit model. You have to know the model the newspaper editors have in their head to know if the Royal Wedding on front page is really more important than the floods in $Country on page 9.
I am asking / wanting an explicit model - for example the Treasury in UK govt runs very comprehensive economic modelling software - trying to gauge for example the impact of floods on productive capacity on semiconductors.
Now if you could run such sims on a wiki like basis - that the oil consultancy in Houston could accept inputs and provide outputs and run a more sophisticated model than the base case then there would be a base model to refer to - to help gauge what is more important. And that decision would rest on what you called more important (lives, standards of living etc). And on which models/ plugins you choose - the left wing oil consultancy or the right wing oil consultancy
Basically newspapers tell human interest stories, and the guiding models for that (editor taste and opinion) seems to have dimmed into A/B tested celeb output.
I would like - well, perspective, context and then news