In a Dutch oven or stock pot, heat oil over medium heat until hot; add half of beef and garlic and brown evenly, stirring occasionally; repeat with remaining beef
and garlic. Pour off excess fat; season beef with thyme, salt and pepper.
Add beef broth and wine; bring to a boil, reduce heat to low, cover tightly,
and simmer 1 1/2 hours, or until beef is tender. Add carrots and
onions; cover and cook 25 minutes. Stir in cornstarch mixture, along with peas;
bring to a boil. Cook, stirring, for 3 minutes or until thickened.