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Predicting the political polarity of news headlines is a challenging task that becomes even more challenging in a multilingual setting with low-resource languages. To deal with this, we propose to utilise the Inferential Commonsense Knowledge via a Translate-Retrieve-Translate strategy to introduce a learning framework. To begin with, we use the method of translation and retrieval to acquire the inferential knowledge in the target language. We then employ an attention mechanism to emphasise important inferences. We finally integrate the attended inferences into a multilingual pre-trained language model for the task of bias prediction. To evaluate the effectiveness of our framework, we present a dataset of over 62.6K multilingual news headlines in five European languages annotated with their respective political polarities. We evaluate several state-of-the-art multilingual pre-trained language models since their performance tends to vary across languages (low/high resource). Evaluation results demonstrate that our proposed framework is effective regardless of the models employed. Overall, the best performing model trained with only headlines show 0.90 accuracy and F1, and 0.83 jaccard score. With attended knowledge in our framework, the same model show an increase in 2.2% accuracy and F1, and 3.6% jaccard score. Extending our experiments to individual languages reveals that the models we analyze for Slovenian perform significantly worse than other languages in our dataset. To investigate this, we assess the effect of translation quality on prediction performance. It indicates that the disparity in performance is most likely due to poor translation quality. We release our dataset and scripts at: https://github.com/Swati17293/KG-Multi-Bias for future research. Our framework has the potential to benefit journalists, social scientists, news producers, and consumers.