1. Cautious president deserves second term (Financial Times)
The case for Barack Obama is that he navigated the storms with careful intelligence, says Philip Stephens.
In tough times it is only right that the EU budget be trimmed, but the left must never forget the benefits of membership, says Polly Toynbee.
The constitution created in 1776 is cracking open at the seams, says Max Hastings.
4. Radical paths to rebalance the UK economy (Financial Times)
The Bank of England could purchase foreign, rather than domestic, assets, writes Martin Wolf.
5. Britain shouldn’t jump the gun on leaving the European Union (Daily Telegraph)
Rather than rush for the exit, it would be better to allow the euro crisis to play out, says Jeremy Warner.
6. Leveson inquiry: prejudging the judge (Guardian)
The law on its own is not sufficient – which is why Leveson has to consider regulation, says a Guardian editorial.
7. We are all in the chorus of Dystopia Limited (Times) (£)
The 19th-century vision of the responsible company has vanished, as workers are denied their share of the rewards, writes Philip Collins.
8. Big Apple shows how to live with climate change (Daily Telegraph)
Technology and human ingenuity can defuse natural disasters that once killed thousands, says Fraser Nelson.
9. Superstorm Sandy sounds a warning (Financial Times)
New York is ill-prepared for the impact of climate change, says an FT editorial.
10. Labour and others have played a shameful role in the EU budget debate (Independent)
The government's defeat over the EU budget was a victory for parochial pettiness, not democracy, as some have suggested, writes Adrian Hamilton.