This story is being reported in newspapers around the world. What follows is from theage.com.au, but it appears in the brisbanetimes.com and in UK papers also.
Warning of new bin Laden attack
Paola Totaro, London
November 10, 2008 - 12:00 AM
Osama bin Laden is planning an attack against the United States that will "outdo by far" September 11, an Arab newspaper in London has reported. ...
And according to a former senior Yemeni al-Qaeda operative, the terrorist organisation has entered a "positive phase", reinforcing specific training camps around the world that will lead the next "wave of action" against the West.
The warning, on the fron page of an Arabic newspaper published in London, Al-Quds Al-Arabi -- and widely reported in the major Italian papers - quotes a person described as being "very close to al-Qaeda" in Yemen.
The paper is edited by Abdel al-Bari Atwan, who is said to be the last journalist to interview Osama bin Laden in 1996. According to the report, bin Laden is himself closely following preparations for an attack against the US and aims to "change the face of world politics and economics". The operative is quoted as saying that "this will be shown by the fact that we now control and major part of the south of Somalia." ...
... the threat level [is] described as "severe".
A quick survey of some of the major U.S. newspapers online revealed no mention of this story! Why would that be?