Fred-
Is it proposed that Wikinews would allow original reporting? If so, how would we deal with libel risks?
See the proposal. All articles have to pass through a review stage before they are formally published. Factual statements are attributed to external sources or to named Wikinews reporters. Hence, the situation with regard to libel is the same as for any news publication: We do our best to make sure to prevent it, and we protect our reporters from legal harrassment if they have exercised due diligence.
Regards,
Erik