1. Dice an onion, 2 jalapenos, and a red bell pepper.
2. Heat oil in a pan. Add the onion and cook until translucent.
3. Add the jalapeno and red bell pepper and cook until soft.
4. Add the ground beef to the pan and cook until browned, breaking it up with a spoon.
5. Add tomato paste, paprika, garlic powder and salt to taste. Mix well and continue cooking for a few minutes. Set aside.
6. In a bowl, combine the meat mixture with chopped green olives and raisins.
7. In another bowl, add flour and salt. Mix in vegetable oil, an egg, and gradually add cold water to form a dough.
8. Knead the dough until smooth, then cover and let it rest for 30 minutes.
9. Divide the dough and roll out each piece into small circles. Fill each circle with the meat filling.
10. Fold and crimp the edges to seal the empanadas.
11. Heat vegetable oil for frying. Fry the empanadas until golden brown and cooked through.