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Iran's president dies in a helicopter crash. We'll look at what his death means at a crucial time for the Middle East.

Plus China sanctions US defense contractors over arm sales to Taiwan as the island inaugurates its new president

and issues at Boeing cloud the forecast for Europe's biggest airline.

Ryanair is one of the biggest customers for Boeing 737 Max.

And they've said that there's actually a lot of uncertainty in the market,

which is preventing them from issuing guidance for the next 12 months.

And a lot of that uncertainty does come down to Boeing.

It's Monday, May 20th. I'm Luke Vargas for the Wall Street Journal and here is the AM edition of What's News, the top headlines and business stories moving your world today.

Iranian State Television has confirmed this morning that President Ibrahim Raise died in a helicopter

crash yesterday following reports that the chopper carrying him and Iran's foreign minister

had made a difficult landing in the country's mountainous northwest.

And here now with a look at what happened exactly and what Racy's death means for Iran and for the rest of the world.

His journal Foreign Correspondent Suna Rasmussen.

Soona, give us the very latest.

Overnight the word had been that search and rescue efforts were ongoing but now obviously

racy has been confirmed dead. Yeah so the Iranian authorities last night sent out

drones and dogs and search and rescue teams to try and find the helicopter that had disappeared in the fog.

The helicopter was traveling from Azerbaijan and then the helicopter crashed, it seemed, on his way back.

...