What should be the approach to perform these tasks?

I am working on an AIR Desktop application (With Flex) which reads data from some XML Feeds, this data is feed for a Discussion Forum.
1. I need to store the records from XML Feed into local Database.
2. Need to check periodically (every 15 minutes) for updates in XML Feed.
3. Compare XML with Database, and:
     1. Add new forum Threads (Items) to database,
     2. Mark closed on the threads (Items) removed from XML.
     3. Update database if Threads has been updated/modified.
I hope my requirement is clear, now my question is: What should be the approch to perform these tasks?
Best Regards,
Alok Jain

Echo
Any Help Please...

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