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.
Maypoles and dancing. Midsummer is an occasion of large gatherings â and to be honest, many Swedes take advantage of it to fulfil their social obligations so that they can enjoy the rest of their holiday in peace. In many cases, whole families gather to celebrate this traditional high-point of the summer.