Huge Explosion on the Sun

I looked at the image and could not really understand it. What do you guys make of it? There looks to be a huge explosion, but - how it was formed?

Do you think this will have an effect on Earth?

Coronagraphs onboard the Solar and Heliospheric Observatory (SOHO) have just observed a bright double-ringed coronal mass ejection (CME) billowing over the sun's western limb. At present, the source of the blast is unknown.

[atsimg]http://files.abovetopsecret.com/images/member/a063d55cb64c.gif[/atsimg]

Source: spaceweather.com...



[edit on 2-2-2010 by sunny_2008ny]

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Chadwickus beat you to it.
www.abovetopsecret.com...