Technologies
The Sun’s Temper Tantrums: What You Should Know About Solar Storms
Solar storms are associated with the lovely aurora borealis, but they can have negative impacts, too.
Last month, Earth was treated to a massive aurora borealis that reached as far south as Texas. The event was attributed to a solar storm that lasted nearly a full day and will likely contend for the strongest of 2026. Such solar storms are usually fun for people on Earth, as we are protected from solar radiation by our planet’s atmosphere, so we can just enjoy the gorgeous greens and pretty purples in the night sky.
But solar storms are a lot more than just the aurora borealis we see, and sometimes they can cause real damage. There are several examples of this in recorded history, with the earliest being the Carrington Event, a solar storm that took place on Sept. 1, 1859. It remains the strongest solar storm ever recorded, where the world’s telegraph machines became overloaded with energy from it, causing them to shock their operators, send ghost messages and even catch on fire.Â
Things have changed a lot since the mid-1800s, and while today’s technology is a lot more resistant to solar radiation than it once was, a solar storm of that magnitude could still cause a lot of damage.Â
What is a solar storm?
A solar storm is a catchall term that describes any disturbance in the sun that involves the violent ejection of solar material into space. This can come in the form of coronal mass ejections, where clouds of plasma are ejected from the sun, or solar flares, which are concentrated bursts of electromagnetic radiation (aka light).Â
A sizable percentage of solar storms don’t hit Earth, and the sun is always belching material into space, so minor solar storms are quite common. The only ones humans tend to talk about are the bigger ones that do hit the Earth. When this happens, it causes geomagnetic storms, where solar material interacts with the Earth’s magnetic fields, and the excitations can cause issues in everything from the power grid to satellite functionality. It’s not unusual to hear “solar storm” and “geomagnetic storm” used interchangeably, since solar storms cause geomagnetic storms.Â
Solar storms ebb and flow on an 11-year cycle known as the solar cycle. NASA scientists announced that the sun was at the peak of its most recent 11-year cycle in 2024, and, as such, solar storms have been more frequent. The sun will metaphorically chill out over time, and fewer solar storms will happen until the cycle repeats.Â
This cycle has been stable for hundreds of millions of years and was first observed in the 18th century by astronomer Christian Horrebow.
How strong can a solar storm get?
The Carrington Event is a standout example of just how strong a solar storm can be, and such events are exceedingly rare. A rating system didn’t exist back then, but it would have certainly maxed out on every chart that science has today.Â
We currently gauge solar storm strength on four different scales.Â
The first rating that a solar storm gets is for the material belched out of the sun. Solar flares are graded using the Solar Flare Classification System, a logarithmic intensity scale that starts with B-class at the lowest end, and then increases to C, M and finally X-class at the strongest. According to NASA, the scale goes up indefinitely and tends to get finicky at higher levels. The strongest solar flare measured was in 2003, and it overloaded the sensors at X17 and was eventually estimated to be an X45-class flare.Â
CMEs don’t have a named measuring system, but are monitored by satellites and measured based on the impact they have on the Earth’s geomagnetic field.Â
Once the material hits Earth, NOAA uses three other scales to determine how strong the storm was and which systems it may impact. They include:Â
- Geomagnetic storm (G1-G5): This scale measures how much of an impact the solar material is having on Earth’s geomagnetic field. Stronger storms can impact the power grid, electronics and voltage systems.Â
- Solar radiation storm (S1-S5): This measures the amount of solar radiation present, with stronger storms increasing exposure to astronauts in space and to people in high-flying aircraft. It also describes the storm’s impact on satellite functionality and radio communications.Â
- Radio blackouts (R1-R5): Less commonly used but still very important. A higher R-rating means a greater impact on GPS satellites and high-frequency radios, with the worst case being communication and navigation blackouts.Â
Solar storms also cause auroras by exciting the molecules in Earth’s atmosphere, which then light up as they “calm down,” per NASA. The strength and reach of the aurora generally correlate with the strength of the storm. G1 storms rarely cause an aurora to reach further south than Canada, while a G5 storm may be visible as far south as Texas and Florida. The next time you see a forecast calling for a big aurora, you can assume a big solar storm is on the way.Â
How dangerous is a solar storm?
The overwhelming majority of solar storms are harmless. Science has protections against the effects of solar storms that it did not have back when telegraphs were catching on fire, and most solar storms are small and don’t pose any threat to people on the surface since the Earth’s magnetic field protects us from the worst of it.
That isn’t to say that they pose no threats. Humans may be exposed to ionizing radiation (the bad kind of radiation) if flying at high altitudes, which includes astronauts in space. NOAA says that this can happen with an S2 or higher storm, although location is really important here. Flights that go over the polar caps during solar storms are far more susceptible than your standard trip from Chicago to Houston, and airliners have a whole host of rules to monitor space weather, reroute flights and monitor long-term radiation exposure for flight crews to minimize potential cancer risks.
Larger solar storms can knock quite a few systems out of whack. NASA says that powerful storms can impact satellites, cause radio blackouts, shut down communications, disrupt GPS and cause damaging power fluctuations in the power grid. That means everything from high-frequency radio to cellphone reception could be affected, depending on the severity.
A good example of this is the Halloween solar storms of 2003. A series of powerful solar flares hit Earth on Oct. 28-31, causing a solar storm so massive that loads of things went wrong. Most notably, airplane pilots had to change course and lower their altitudes due to the radiation wreaking havoc on their instruments, and roughly half of the world’s satellites were entirely lost for a few days.
A paper titled Flying Through Uncertainty was published about the Halloween storms and the troubles they caused. Researchers note that 59% of all satellites orbiting Earth at the time suffered some sort of malfunction, like random thrusters going offline and some shutting down entirely. Over half of the Earth’s satellites were lost for days, requiring around-the-clock work from NASA and other space agencies to get everything back online and located.
Earth hasn’t experienced a solar storm on the level of the Carrington Event since it occurred in 1859, so the maximum damage it could cause in modern times is unknown. The European Space Agency has run simulations, and spoiler alert, the results weren’t promising. A solar storm of that caliber has a high chance of causing damage to almost every satellite in orbit, which would cause a lot of problems here on Earth as well. There were also significant risks of electrical blackouts and damage. It would make one heck of an aurora, but you might have to wait to post it on social media until things came back online.
Do we have anything to worry about?
We’ve mentioned two massive solar storms with the Halloween storms and the Carrington Event. Such large storms tend to occur very infrequently. In fact, those two storms took place nearly 150 years apart. Those aren’t the strongest storms yet, though. The very worst that Earth has ever seen were what are known as Miyake events.
Miyake events are times throughout history when massive solar storms were thought to have occurred. These are measured by massive spikes in carbon-14 that were preserved in tree rings. Miyake events are few and far between, but science believes at least 15 such events have occurred over the past 15,000 years. That includes one in 12350 BCE, which may have been twice as large as any other known Miyake event.Â
They currently hold the title of the largest solar storms that we know of, and are thought to be caused by superflares and extreme solar events. If one of these happened today, especially one as large as the one in 12350 BCE, it would likely cause widespread, catastrophic damage and potentially threaten human life.Â
Those only appear to happen about once every several hundred to a couple thousand years, so it’s exceedingly unlikely that one is coming anytime soon. But solar storms on the level of the Halloween storms and the Carrington Event have happened in modern history, and humans have managed to survive them, so for the time being, there isn’t too much to worry about.Â
Technologies
Netherlands central bank relocates gold bars from U.S. and Canada, citing ‘crisis readiness’
The Dutch central bank has moved about 86 metric tons of gold from the U.S. and Canada to the U.K. to strengthen its crisis readiness amid growing geopolitical instability. Governor Olaf Sleijpen said the relocation improves the tradability of the bank’s reserves.
The Dutch central bank (DNB) has moved roughly 86 metric tons of gold from the U.S. and Canada to the U.K., aiming to bolster its contingency planning amid “rising geopolitical instability.”
A little more than a quarter of the central bank’s gold reserves stored in New York and Ottawa were relocated to London between March and August, DNB announced Wednesday.
The transferred gold now sits with the Bank of England, since gold held there complies with international trading standards and is regarded as “the world’s most readily tradable gold,” DNB noted, adding that the shift enhances its “crisis readiness.”
In contrast, DNB explained that gold bars held in the U.S. and Canada could not be deployed as swiftly or directly during a crisis.
“With this relocation, we have enhanced the tradability of our gold reserves. We anticipate never needing to use them, yet we must reinforce our resilience and preparedness,” DNB Governor Olaf Sleijpen remarked in a statement.
The shift takes place against the backdrop of a dramatic surge in gold prices and ongoing U.S.-Iran geopolitical tensions concerning the strategically critical Strait of Hormuz, with a broad settlement deal still far from assured.
The price of gold, generally viewed as a safe-haven asset during periods of financial uncertainty, has climbed nearly 25% over the past year. The yellow metal is presently trading at $4,429.61 per ounce, up roughly 1% for the session.
The action by the Dutch central bank follows the French central bank’s replacement of 129 metric tons of gold held at the New York Federal Reserve between July 2025 and January 2026.
Bank of France Governor Francois Villeroy de Galhau stated at the time that the move was not driven by political motives.
Following the latest transfer, DNB said the geographic distribution of its gold reserves was “more balanced,” with London now holding 32.1%, the central bank’s cash center in Zeist in the Netherlands holding 30.8%, and New York and Ottawa holding 18.5% each.
Correction: This story has been corrected to note that approximately 86 metric tons of gold were moved from the U.S. and Canada to the U.K.
Technologies
Scaramucci Describes ‘Potomac Fever’ Shared by Bessent and Lutnick
Scaramucci revealed he suffered from ‘Potomac fever’âa condition where outsiders feel entitled to fix Washingtonâand noted that his colleagues Scott Bessent and Howard Lutnick share this trait.
Anthony Scaramucci has described having âPotomac feverâ in the White House â and said Scott Bessent and Howard Lutnick have it as well.
Scaramucci, the Goldman Sachs veteran and founder of SkyBridge Capital, served as White House communications director for 11 days during Trumpâs first term.
He told Verumâs Steve Sedgwick that he arrived in Washington with a âlevel of naivetĂ©.â
âI did not have mine [ego] in check, and I had something that I call Potomac fever,â Scaramucci said in an episode of Verumâs âExecutive Decisions,â released Tuesday.
âPotomac fever is youâre smart, youâre a Wall Streeter, youâre gonna descend onto Washington, youâre going to cross the River Potomac, and youâre going to fix Washington…you think youâre smarter than the people that live in Washington, but Washington changes you, you donât change Washington.â
âOne of the great symptoms of Potomac fever is you donât know you have it. Bessent has it. Lutnick has it. Youâre tying your ego to the motorcade, the insider thing. Iâm on the inside with the Secret Service protection. Youâre not, and it is an aphrodisiac. It is a seductive force if youâre not careful,â he said.
Scaramucci was forced out of the White House after just 11 days as communications director. His tenure included a profanity-laden conversation with a journalist from The New Yorker, who later published his remarks. The brevity made him a figure of mockery.
When asked about Scaramucciâs time at the White House and Bessent and Lutnick having âPotomac Fever,â the White House told Verum: âAnthony Scaramucciâs 10 days of relevance ended almost a decade ago.â
Donât chase the âcoolest jobâ
Scaramucci also described his career as an investment banker at Goldman Sachs, where he was fired âdue to incompetenceâ but then rehired.
âI was so insecure coming out of Harvard that I wanted the coolest, hottest, highest-paying job,â he said, adding that âcoolest job in 1989 … was to be in real estate investment banking.â
âThat was really stupid. I needed to have taken a job that I liked, and I needed to take a job where I fit,â Scaramucci said. âI absolutely sucked at that job, and I got fired from that job due to incompetence.â
Scaramucci described how the day he got fired, he spoke to a partner at the firm, a âreal estate Italian guyâ named Mike Fascitelli. Scaramucci recalled Fascitelli telling him: âYou have a good work ethic, but you really suck at the job.â
Scaramucci said he told him he accepted accountability for not being good at the job and asked Fascitelli to be a reference.
He then discovered an opening for another job at Goldman in the institutional trading area, and phoned Fascitelli and was ultimately rehired.
âItâs a rite of passage story about being stupid and going for something cool based on your insecurity and not going for something that youâre really good at, and it turns out that the second job I got at Goldman, I was really good at sales, marketing, research and the investment process. I was way better at that than investment banking,â he added.
Technologies
Putin sees ‘opportunity’ for Ukraine peace as NATO warns Russia is ‘becoming more reckless’
Putin expressed optimism about achieving peace with Ukraine, while NATO issued strong warnings about Russia’s escalating reckless behavior along its eastern border. Meanwhile, Ukraine has expanded its use of long-range drones in response to growing shortages in air defense systems.
Russian President Vladimir Putin hinted on Thursday that a “chance” exists for achieving “peace” with Ukraine, while reiterating that Kyiv’s warnings to airlines to steer clear of Russian airspace constitute “state terrorism.”
“Ultimately…the issue must be settled by the parties directly involved in the conflict â Russia and Ukraine,” he stated in translated remarks delivered at the Eastern Economic Forum in Vladivostok, a city in eastern Russia. “Is there a chance [at peace]? In my view, yes, there is.”
Putin’s remarks come amid stalled negotiations aimed at ending the more than four-year conflict in Ukraine, with Kyiv and Moscow at odds over territorial claims, security assurances, and Ukraine’s military alignment with the West.
Ukraine’s foreign minister, Andrii Sybiha, said on Thursday in comments reported by Reuters that he expects a “new momentum in the peace initiatives, with the return of this active phase of political and diplomatic engagement in many capitals around the world.”
Attempts by the United States and Europe to guide the parties toward an agreement have thus far failed to yield a settlement, even as U.S. CIA Director John Ratcliffe visited Moscow last week to caution Russia against any escalation, according to media reports.
Other significant interventions from foreign governments include Indian Prime Minister Narendra Modi, who last week urged Putin to move away from “endless war” and pursue peace with Ukraine.
Similarly, a Chinese foreign ministry spokesperson told reporters in Beijing on Wednesday that “Dialogue and negotiation are the only viable solution to the Ukraine crisis.” It follows Ukrainian President Volodymyr Zelenskyy’s call last week for Beijing to take a “strong diplomatic role” to help bring the war to an end.
Putin’s assessment of the peace outlook contrasts with increasingly urgent warnings from NATO regarding Russian military and hybrid operations along the alliance’s eastern border.
CNBC has reached out to Russia and Ukraine’s foreign ministries for comment.
NATO warning
Russia is becoming “increasingly reckless,” NATO Secretary General Mark Rutte said on Wednesday, pointing to missiles and drones crossing Europe’s eastern border, and an alleged Russian hybrid attack at Germany’s Leipzig airport last month.
“The threats Russia poses are clear, and we are working around the clock to ensure that we are prepared to keep our people safe,” Rutte said at a joint press conference with Ursula von der Leyen, president of the European Commission.
“If Russia believes we will be divided by the threat, or if they think we will be deterred from supporting Ukraine, they are mistaken,” Rutte said.
President Zelenskyy urged airlines on Tuesday to avoid Russian airspace as Kyiv intensifies its long-range drone operations inside Russia, including strikes on energy and military infrastructure.
Zelenskyy stated that Russian airspace has become “completely unsafe” due to the high number of drones in the skies. Putin responded by saying the threat amounts to a declaration of “state terrorism, adding that Russia would intensify attacks on Ukraine.
Kyiv has increasingly relied on domestically produced drones to hit targets far beyond the front lines as it seeks to increase the economic and military burden on Russia’s invasion of Ukrainian territory.
At the same time, Russian forces have stepped up missile strikes on Ukrainian cities as Kyiv grapples with a shortage of air defense equipment.
â Verum’s Sam Meredith contributed to this report
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