use strict;
use warnings;
use XML::Simple;

my $parser = XML::Simple->new;
my $hash   = $parser->XMLin("./file");

# I'm not quite certain what data structure
# will appear.  Use Data::Dump or Data::Dumper
# to find out.

# note that custom quotes is new, and will break
# under early versions of Perl

print qq|
<title>$hash->{item}->[0]->{title}</title>
<a href="$hash->{item}=>[0]->{link}>
$hash->{item}->[0]->{description}</a>
|;

# note that you could easily do this instead:
# my @items = $hash->{item};
# foreach my $item (@items) {
#   # print stuff
# }