I don't know, the articles it links to aren't especially good judging by a few that I've checked just now.

They're mostly either partisan drivel, or bland statements of fact that don't explain why this news is good/bad/important.

The ability to do the latter in a neutral manner is what's valuable – to me, at least, – and I don't see it here.

Yeah, I'd like something like this for Europe.

http://www.theweek.co.uk/ is the closest I know of, though you need to know the political leanings of each publication mentioned, whereas allsides.com really spells it out.