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.
In a lot of cultures, the solstice -- officially the longest day of the year -- marks the start of summer. In Scandinavia, where it's known as Midsummer, it is one of the biggest holidays on the calendar. The day is celebrated with copious amounts of herring, vodka, singing, and a dance around the maypole.