Today, a lot of so called arbitrage, much of it done by hedge funds, involves assets that have some similarities but are not identical. This is not pure arbitrage and can be far from risk free. Arbitrage pricing theory This is one of two influential economic theories of how assets are priced in the financial markets.
Ford of Europe introduced the Focus in 1998 to the European market as a replacement for the Ford Escort. The decision to name the new car the Ford Focus was made in early 1998, as Ford's overheads had been planning to keep the Escort nameplate for its new generation of small family cars.
This was originally released on a local label in Spain in 1993, where it did fairly well. The next year, the American label BMG bought the Spanish label and set out to make Macarena a hit in America. They marketed an English language version to dance clubs and cruise ships, then released it as a single in 1995. It was a minor hit until the summer of 1996, when the Macarena dance craze hit America. The song went to #1 in July and stayed there for 14 weeks. Los Del Rio (Antonio Romeo Monge and Rafael Ruiz) are a Spanish flamenco-pop duo.