Rio has theirs, and so does some cities in the US.
We had ours too! It was more beautiful and meaningful, and the streets were filled with waves of yellow. It was lovely, our 10-11 was. But this near future, there is even a bigger carnival being planned, and it involves everyone!
So, get your shoes ready, and join the Rakyat Street Carnival! Or whatever it will be called.
Don't just watch it, be part of the parade!