Featured / Breaking News Post Outside Loop

I am making a WordPress theme that displays a breaking news post above the content and sidebar (outside the loop). I am using the following code to display any post with the tag “breaking”:

<?php
if ($all_the_tags);
$all_the_tags = get_the_tags();
foreach($all_the_tags as $this_tag) {
	if ($this_tag->name == "breaking" ) {
?>

	<div class="breaking-news">
		Post with tag 'breaking' goes here.
	</div> <!-- end .breaking-news -->

<? } } ?>

So my question is how can I basically create a separate loop in that if statement to display any posts with the tag ‘breaking’?

I am not very good with PHP so an explanation would be extremely helpful! Thank you so much! ??