The Internet will now allow users to create web and e-mail-addresses using non-Latin characters, opening up the Web to billions of people around the world. The Internet Corporation for Assigned Names and Numbers (Icann) has given the green light to the change at its board meeting taking place in Seoul, South Korea. This would include characters as diverse as Arabic, Korean, Hebrew, Chinese, Greek, Hindi and Cyrillic (Russian). Until now, anyone wanting to set up a website has been forced to include a few characters of Latin script in the address, or domain name, that they choose. 
See http://tiny.cc/puEY7