noun
world situation; global affairs
Refers to the current state of the world, especially political and social developments. Somewhat formal and often used in news or analytical contexts.
最近の世局は非常に不安定だ。
The recent world situation is extremely unstable.
彼は世局を分析する専門家だ。
He is an expert who analyzes global affairs.
Compound of 世 (world, society) and 局 (situation, circumstances). The exact historical derivation is uncertain, but the combination naturally yields the meaning 'world situation'.