Making this tonight...

This is from a neighbor friend of mine....one of our faves. Good with tortillas and spanish rice.

Carne Guizado

1-2 lbs stew meat
2 Tbsp cooking oil
1/2 6-oz. can tomato paste
1 can (10 1/2 oz.) beef broth (bouillon)
1 tsp salt
1/2 tsp black pepper
2 cloves garlic, crushed
1 tsp chili powder
1/2 tsp cumin
3/4 cup water
2 small chiles serranos (optional...I never put this in mine)

Brown meat in oil until brown on all sides. Pour off grease and rinse meat. Add tomato paste, beef broth, salt , pepper, garlic, chili powder, cumin, water and chili peppers (optional). Bring to boil and then turn very low, cover and simmer about one and one-half hours, or untl meat is tender.
Dissolve about one teaspoon cornstarch in small amount of cold water and slowly pour into stew, which is simmering, until proper thickness of gravy is obtained.