wind and clouds; the elements; nature
Literary or poetic term for the natural world, often evoking the sky and weather.
I like watching the changes in the wind and clouds.
situation; state of affairs; the times
Figurative use, often in set phrases like 風雲急を告げる (the situation becomes urgent). Implies a turbulent or changing state.
The international situation is growing urgent.
The young politician caused a sensation in the political world.