TWO previous articles delved into the meaning of counterfactuals, those being baseless claims, hypotheses or beliefs. In those cases, I dismantled the dishonest discourse of some of our thought leaders, who should certainly know better. The prior examples were rooted in the sobering racist beliefs expressed by too many educated and responsible people.

I continue my Season of Reflection by delving into the almost-forgotten Tobago Sandals MoU litigation, which forced publication of that important document. This article deals with the issues relating to the legal fees paid in that matter, so it does not repeat the points in the MoU or anything like that.

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This week, we at Bourse review the performance of two companies within the Manufacturing Sector – West Indian Tobacco Company Ltd (WCO) and Angostura Holdings Ltd (AHL) – for the nine-month( 9m) period ended September 30, 2019. Both WCO and AHL’s performances benefited from modest revenue growth, combined with measurable cost management. We discuss the performance of both companies and provide an outlook.

In many cultures, time is not regarded as something successive, but as a circular phenomenon. Although the conventional European concept of history is sequential—that time is linear, just one thing after another until you die—subconsciously we know it is not. It is circular. “What goes round, comes round,” the old people used to say from wry experience.

REPUBLIC Financial Holdings Ltd (RFHL) ended its 2019 financial year with a profit of $1.58 billion, an increase of $258.3 million or 19.5 per cent over the previous year.