The Exchange Stabilization Fund (ESF) is an emergency reserve fund of the United States Treasury Department, normally used for foreign exchange intervention.he U.S. Exchange Stabilization Fund was established at the Treasury Department by a provision in the Gold Reserve Act of January 31, 1934.
Midsummer Eve. n. 1. June 23, the day before Midsummer Day, celebrated in Europe, Latin America, and Scandinavian communities in the United States by merrymaking. 2. June 23, the day before Midsummer Day, celebrated in many Christian churches by feasting. Also called Saint John's Eve.
Midsummer is celebrated all over northern Europe, the origins are pre-Christian. It is also a celebration of St John, a Christian feast day, this is incorporated into modern times when people eat and drink a lot with friends or family. Midsummer in many countries such as Latvia falls on June 24 in 2016.