In this article, I argue that the emergence of transnational crises and threats such as the Muhammad cartoons controversy, the avian flu epidemic and climate change, calls for new ways of analysing news. The point of departure is that news media content seems to be becoming more and more deterritorialised, involving complex relations and flows across national borders and continents. In a globalising world, news on politics, ecological processes, agriculture etc. could thus become endowed with a global outlook on social reality, something which has by tradition only been associated with financial news. Even if it seems difficult to estimate more exactly the extent to which everyday news media content has become global, the indications are that it has become harder to categorise news texts as either solely domestic or foreign news. This, in turn, argues for the potential usefulness of the concept of global journalism, which transgresses and transcends the traditional domestic-foreign dichotomy. In news media and journalism studies, the concept of global journalism is under theoretical development, and still in need of a more stringent definition. The purpose of this article is therefore to theoretically define global journalism as a distinctive news style in order to facilitate empirical analyses of it, preferably news text analyses. The suggestion is that this news style rests on a distinct epistemology (the global outlook) when it comes to the representation of space, power and identity.