Hello and welcome to Slate Money, our weekly podcast, guiding you through the important business and finance news of the week.

I'm Felix Salmon, a fusion in New York, and on the show today, Amazon is making its own phone.

Impulse shoppers rejoice for the entire world is now your

checkout aisle. Then we'll talk about the future of fossil fuels in a world of climate change

and Iraqi chaos. And finally, Argentina, my favorite subject in the world, has the U.S. Supreme

Court essentially forced it to default on its debts again?

And then, of course, there's the lightning round at the end where each of the three of us will come up with a single number which caught our attention this week.

Let me introduce regular guest, Kathy O'Neill, head of the lead program for data journalism at Columbia.

What's your number this week?

My number is $159 billion.

That's a very large number.

Thank you very much.

Slate's own money box columnist, Jordan and Weissman is also here.

Jordan, you can't possibly come up with a number bigger than 159 billion.

No, I'm going for minimalism this week. I'm going for a mere $82.82. Okay, that's smaller than

$159 billion. I am going to split the difference if you look at it on a log scale, I guess.

And I'm going to go for 14 million.

But we will get to those numbers shortly.

We first of all, however, are going to talk about telephones.

Jordan, what's been going on?

Well, after years of anticipation on Wednesday,

like Prometheus in Seattle, Jeff Bezos took the stage and brought us the fire smartphone.

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