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.
Pentecost is the festival when Christians celebrate the gift of the Holy Spirit. It is celebrated on the Sunday 50 days after Easter (the name comes from the Greek pentekoste, fiftieth).It is also called Whitsun, but does not necessarily coincide with the Whitsun Bank Holiday in the UK.entecost is regarded as the birthday of the Christian church, and the start of the church's mission to the world.