Ranchero Beef Stew
 

Ranchero Beef Stew
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1 tablespoon olive oil
1 pound beef stew meat, cut into 1-inch cubes
1 large onion, cubed
2 medium carrots, cubed
3 garlic cloves, chopped
1 (15-to 16-ounce) can stewed tomatoes
1 cup canned beef broth
1 (4-ounce) can diced green chilies
1/2 cup sliced pimiento-stuffed green olives (about 2 1/2 ounces)
2 tablespoons dried oregano
1/3 cup chopped fresh cilantro

Heat oil in heavy large Dutch oven over high heat. Season beef with
salt and pepper. Add to Dutch oven; saute until brown, about 5
minutes. Add onion, carrots, and garlic; saute 5 minutes. Add
tomatoes, broth chilies, olives and oregano. Bring to simmer. Reduce
heat to low, cover and simmer until beef is tender, about 1 hour.
Uncover; simmer until juices thicken, about 10 minutes. Season with
salt and pepper. Stir in cilantro.