anychance you could post a properly formatted Traceroute to the news server? What you posted looks like a traceroute, but is almost impossible to read.
I did my own traceroute (results posted below) and the connection appears to slow down between London and Dallas. I have not included steps one and two, as I don't want my personal IP on the forum.
3 9 ms 7 ms 7 ms brom-t2cam1-b-ge93.inet.ntl.com [80.1.226.133]
4 7 ms 7 ms 19 ms brom-t2core-b-ge-wan63.inet.ntl.com [80.1.225.14
]
5 9 ms 21 ms 14 ms bre-bb-b-so-320-0.inet.ntl.com [62.253.184.109]
6 11 ms 11 ms 11 ms 195.50.91.129
7 14 ms 11 ms 10 ms ge-0-3-0.bbr1.London2.Level3.net [4.68.124.61]
8 124 ms 145 ms 137 ms ae-0-0.bbr1.Dallas1.Level3.net [64.159.1.109]
9 163 ms 177 ms 179 ms as-0-0.mp1.Phoenix1.Level3.net [64.159.3.213]
10 161 ms 160 ms 160 ms ae-11-51.car1.Phoenix1.Level3.net [4.68.98.2]
11 151 ms 150 ms 151 ms eth-2-14-1g.core-03.phx1.puregig.net [67.72.71.3
]
12 152 ms 154 ms 152 ms
www.easynews.com [140.99.99.90]
Regarding what you said about proxies. AFAIK, the proxies only cache port 80, and even then it would not be your port 80, but the port 80 on the server. So, they would not be used for news. Unless you are using some sort of web-based news reader.