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Amid a deep financial crisis, Dubai has opened the world's tallest skyscraper. Thousands of residents and tourists crowded today around the tapering half-mile high tower, which stands at least 160 stories high. Dubai's hereditary ruler unveiled a plaque at the tower's base, kicking off inaugural festivities that included traditional Gulf Arab dance performances and skydivers landing parachutes emblazoned with the colors of the United Arab Emirates flag near the tower's base.