We overview transport properties of an Aharonov-Bohm interferometer made of a single channel quantum ring. Remarkably, in this setup, essentially quantum effects survive thermal averaging: the high temperature tunneling conductance G of a ring shows sharp dips (antiresonances) as a function of magnetic flux. We dis cuss effects of the electron-electron interaction, disorder, and spin-orbit coupling on the Aharonov-Bohm transport through the ring. The interaction splits the dip into series of dips broadened by dephasing. The physics behind this behavior is the persistent current blockade: the current through the ring is blocked by the circular current inside the ring. Dephasing is then dominated by tunneling induced fluctuations of the circu lar current. The short range disorder broadens antiresonances, while the long range one induces additional dips. In the presence of a spin-orbit coupling, G exhibits two types of sharp antiresonances: Aharonov-Bohm and Aharonov-Casher ones. In the vicinity of the antiresonances, the tunneling electrons acquire spin polar ization, so that the ring serves as a spin polarizer. Fig. 1. Single channel quantum ring and its energy levels.