I basically have never actively sought out World News, and just find out "through osmosis" by talking to friends or hearing about things coincidentally. Then I go google specific events that interest me. I find that most immediate reporting is unclear anyways, and adding 2-3 months of hindsight generally results in more facts and less speculation. I think this has worked really well for me. If the world goes to shit within 3 months I think I will notice even without reading the news.
I'm not sure if this strategy can generalize to the entire population, since I am relying on my friends to mention events to me.
I guess the counter-argument is that the world is slowly going to shit and it's only by paying attention and getting involved that we can prevent that. But I don't think that justifies daily news reading.