Venezuelan President/Dictator Hugo Chavez has been removed from office in a coup, according to the Venezuelan military. He lost the support of the military after his supporters fired into a crowd of marchers who were protesting his attempt to install his cronies in charge of the state oil company, killing at least twelve.
Venezuela is a key source of oil for the United States, and Chavez's actions had prompted a strike which was threatening to disrupt the nation's oil supply. So while this might create a short term disruption, it's probably beneficial in the long run.
On the one hand, a military coup is hardly something to be glad about. On the other, the military ousted a pro-Castro, pro-Saddam demagogue who was becoming more and more authoritarian -- with one of his final acts being to shut down the television stations that were broadcasting the protest march.
I guess we'll have to see how this plays out -- and whether Europe gives even a fraction of the amount of attention to these events as they do to Israel.