This was big news to the Kerry campaign, apparently.
Actually, what I have read is that the turnover will be more cosmetic than substantive. Maybe that is wrong but I doubt it. I think the big turnover, is when the place has elections next January.
at the turnover on June 30,
1. Iraq will have FULL sovereignty.
2. Iraq will award the oil contracts.
3. Iraq will decide about how much information to release on the UN Oil scandal.
4. The UN will have to help because it is the right thing to do, and France and Germany can't pressure the US to grant contracts in order for help.
.......But the press herd is too dull-witted to notice this.