Preheat the oven to 325°F. Pat the beef dry. Season with salt and pepper. Coat a large Dutch oven with the olive oil, and brown the beef, in batches, over high heat. Set the beef aside.
Cut meat into 1 inch cubes and coat with flour. Heat oil in a large kettle. Brown meat on all sides. Add garlic, water, tomato juice, sugar and herbs. Cover and simmer one hour or until meat is tender ...