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Non-Latin domain names are coming. Oh dear.
"The Times Online article uses PayPal -- already a frequent phishing target -- as an example.- http://tinyurl.com/ye6ns5d
If the domain, created using Cyrillic scripts raural.com was registered, the way that Unicode-browsers will actually render that domain in latin is as paypal.com. In theory, phishers could pass around that link and set up a fake version of the PayPal site to harvest logins and credit card data."