The various aspects of antiproton physics are shortly reviewed, and its relevance for the possible discovery of new particles and effects is pointed out. Then a survey of the nucleon-antinucleon interactions is given. In the nucleon-antinucleon annihilations, there is a big amount of experimental data that call for theoretical explanation. Importance of specific spin and isospin channels for our understanding of antiproton physics is stressed.

(Latex), Lectures given at the Indian-Summer School, Prague, August 1993 (Replace the untexable previous version)