Currency board Helena continue to operate currency boards, backing their locally printed currency notes with pound sterling reserves. A gold standard is a special case of a currency board where the value of the national currency is linked to the value of gold instead of a foreign currency. For a precise definition of what constitutes a currency board, including past examples, see: Currency board A currency board is a monetary authority which is required to maintain a fixed exchange rate with a foreign currency. This policy objective requires the conventional objectives of a central bank to be subordinated to the exchange rate
What the World Needs Now Is Love to play it for DeShannon. The song was also rejected by Gene Pitney, reportedly over a financial dispute. DeShannon's version was recorded on March 23, 1965, at New York's Bell Sound studios. Bacharach arranged, conducted and produced the session. In addition to the DeShannon hit recording and the numerous cover versions, "What the World Needs Now is Love" served as the basis for a distinctive 1971 remix. Disc jockey Tom Clay was working at radio station KGBS in Los Angeles, California, when he created the single "What the World Needs Now is Love/Abraham, Martin and John", a social commentary that