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They are called proxy wars and hardly qualify as a world war.
People throw around the term "world war three" too easily without understanding what is involved. It would have to involve multiple fronts, dozens of countries, and millions of men under arms. Tens of millions of people would die - During WW2 it's estimated that between fifty million and seventy million people died.
I honestly don't believe we'll see another "world war". Modern day wars (by modern military forces) are too quick. It took the Allies five years to get to Berlin, but it only took the US thirty days to have troops in Baghdad. It's no longer about military forces slugging it out, but instead about quickly taking out the top leadership of the enemy.
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