This volume contains the lectures and communications presented at the NATO Advanced Research Workshop (NATO ARW 900857) which was held May 5-10, 1991 at McMaster University, Hamilton, Ontario, Canada. A scientific commitee made up of P.P. Lambropoulos (USC & Crete), P.8. Corkum (NRC, Ottawa), and H. B. vL. van den Heuvell (FOM, Amsterdam) guided the organizers, A.D. Bandrauk (Sherbrooke) and S.C. Wallace (Toronto) in preparing a programme which would cover the latest advances in the field of atom and molecule laser interactions. Since the last meeting held in July 1987 on "Atomic and Molecular Processes with Short Intense Laser Pulses", NATO ASI vol 1718 (Plenum Press 1988), considerable progress has been made in understanding high intensity effects on atoms and the concomitant coherence effects. After four years, the emphasis is now shifting more to molecules. The present volume represents therefore this trend with four sections covering the main interests of research endeavours in this area: i) Atoms in Intense Laser-Fields ii) Molecules in Intense Laser Fields iii) Atomic Coherences iv) Molecular Coherences The experience developed over the years in multiphoton atomic processes has been very useful and is the main source of our understanding of similar processes in molecules. Thus ATI (above threshold ionization) has been found to occur in molecules as well as a new phenomenon, ATD (above-threshold dissociation). Laser-induced avoided crossings of molecular electronic surfaces is also now entering the current language of high intensity molecular processes.