Geomagnetic Storm Threatens Global Grids, A $2 Trillion Wake-Up Call
A severe geomagnetic storm, generated by intense solar flares and a coronal mass ejection, is barreling toward Earth, prompting the White House to convene an emergency energy resilience summit. The phenomenon, which could cripple power transformers across the U.S. and Europe, has already caused airlines to reroute polar flights and insurance markets to price in $2 trillion in potential blackout losses. CEOs are now scrambling for backup power solutions as the storm, expected to peak within 72 hours, tests the fragility of modern infrastructure with atmospheric currents surging at 800 km/h.