Русско-англо-русский юридический словарь

A state of emergency is a governmental declaration that announces that the country is in a state of emergency. This means that the government can suspend and/or change some functions of the executive, the legislative and or the judiciary during this period of time. It alerts citizens to change their normal behaviour and orders government agencies to implement emergency plans. A government can declare a state of emergency during a time of natural or man-made disaster, during a period of civil unrest, or following a declaration of war or situation of international/internal armed conflict. (Wikipedia)

A non-executive director (abbreviated to non-exec, NED or NXD) or outside director is a member of the board of directors of a company who does not form part of the executive management team. (Wikipedia)

ArcelorMittal has halved production and is offering voluntary redundancy to 9,000 of its 315,000 staff around the world. ArcelorMittal's chief executive, Lakshmi Mittal, said the cuts were a "temporary suspension of production in view of the market conditions". "Customers have stopped buying steel and are using up their current inventory," he told shareholders. "There is absolutely no point continuing to produce what we know we cannot sell." (The Guardian)

However, in a sign that Ivan Glasenberg, Glencore Xstrata’s billionaire chief executive, is determined to tighten controls on costs, the group also announced the suspension of production at its iron ore operation in Australia. The recent collapse in the price of iron ore and increasing production costs led to the decision. (The London Evening Standard)