This is from Carrol's book, page 13 -

This Sort of notation is new to me, and i'm having trouble understanding the claim on the bootom part (second sentence from the end).
Does $(\rho,\sigma)= (0,0) \Rightarrow \rho=\sigma=0$?
And how can we show that $|\Lambda_{0}^{0'}|\geq 1$?
Does it refer to the RHS or the LHS of 1.29?
Also, can anyone give an example to a time reversal? Why don't we allow those?