Export your RSS feeds from Google Reader into Emacs News Ticker compatible format.

gistfile1.el

(require 'xml)

(defun assoc-or-error (what where &optional err-string)
  (or (assoc what where)
      (error (or err-string "Suddenly errors! Thousands of them!"))))

(defun google-reader-to-newsticker (filename)
  "Parses google-reader subscription XML and returns newsticker compatible feed alist."
  (with-temp-buffer
    (insert-file-contents filename)
    (let* ((opml (assoc-or-error 'opml
                                 (xml-parse-region (point-min) (point-max))
                                 "Not a valid feed XML!"))
           (body (assoc-or-error 'body
                                 opml
                                 "Not a valid feed XML!"))
           (outlines (delq nil
                           (map 'list
                                (lambda (element)
                                  (and (consp element)
                                       (equal (car element) 'outline)
                                       element))
                                body)))
           (alist (map 'list
                       (lambda (outline)
                         (let ((title (assoc-or-error 'title
                                                      outline
                                                      "No title in an outline - malformed feed XML?"))
                               (feed (assoc-or-error 'xmlUrl
                                                     outline
                                                     "No feed link in an outline - check your feed XML!")))
                           (list (cdr title) (cdr feed))))
                       (map 'list
                            #'cadr
                            outlines))))
      alist)))

Weird, on my end it seems to be working and no parentheses are missing.
On a side note, a probably better solution is to use the builtin Newsticker importer - newsticker-opml-import.