present situation
current situation

The first order of business is a report on the current situation.

We would do well to look at our current situation.

The view was almost enough to take him mind off their current situation.

At least the drive gave me time to think over my current situation.

"And how far back would we have to step in order to make sense of our current situation?"

We have every reason to meet and go through the current situation.

At the moment I'm trying to make the best of my current situation.

I couldn't really believe it, not even in my current situation.

He said the current situation "could turn around in four to six months."

This will particularly be the case during the current economic situation.